Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sees Unusually-High Trading Volume – Here’s Why

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw an uptick in trading volume on Monday . Approximately 3,030,698 shares were traded during trading, an increase of 286% from the previous session’s volume of 785,261 shares.The stock last traded at $105.47 and had previously closed at $104.42.

Avantis International Small Cap Value ETF Stock Up 1.1%

The firm has a market cap of $19.58 billion, a P/E ratio of 10.39 and a beta of 0.77. The firm’s 50-day simple moving average is $106.87 and its 200 day simple moving average is $103.27.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

A number of hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in Avantis International Small Cap Value ETF by 217.1% during the second quarter. JPMorgan Chase & Co. now owns 8,079 shares of the company’s stock valued at $641,000 after purchasing an additional 5,531 shares during the period. Ameriprise Financial Inc. purchased a new position in shares of Avantis International Small Cap Value ETF during the 2nd quarter valued at $283,000. Captrust Financial Advisors lifted its position in shares of Avantis International Small Cap Value ETF by 9.0% during the 2nd quarter. Captrust Financial Advisors now owns 14,880 shares of the company’s stock valued at $1,180,000 after buying an additional 1,233 shares during the last quarter. Curio Wealth LLC grew its stake in shares of Avantis International Small Cap Value ETF by 3.2% during the 3rd quarter. Curio Wealth LLC now owns 53,297 shares of the company’s stock worth $4,745,000 after acquiring an additional 1,650 shares during the period. Finally, Community Bank N.A. grew its stake in shares of Avantis International Small Cap Value ETF by 2.0% during the 3rd quarter. Community Bank N.A. now owns 85,063 shares of the company’s stock worth $7,573,000 after acquiring an additional 1,700 shares during the period.

About Avantis International Small Cap Value ETF

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.