Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Reaches New 12-Month High – Time to Buy?

Avantis International Small Cap Value ETF (NYSEARCA:AVDV)’s stock price reached a new 52-week high on Monday . The company traded as high as $71.32 and last traded at $71.26, with a volume of 183459 shares. The stock had previously closed at $70.63.

Avantis International Small Cap Value ETF Stock Performance

The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 10.19 and a beta of 1.00. The firm has a 50-day simple moving average of $67.21 and a two-hundred day simple moving average of $67.46.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

Several institutional investors have recently modified their holdings of the company. JDM Financial Group LLC increased its stake in Avantis International Small Cap Value ETF by 274.2% in the fourth quarter. JDM Financial Group LLC now owns 449 shares of the company’s stock valued at $29,000 after purchasing an additional 329 shares during the last quarter. Operose Advisors LLC purchased a new position in shares of Avantis International Small Cap Value ETF in the 4th quarter valued at $43,000. Nemes Rush Group LLC grew its position in shares of Avantis International Small Cap Value ETF by 257.8% in the 4th quarter. Nemes Rush Group LLC now owns 2,272 shares of the company’s stock valued at $148,000 after buying an additional 1,637 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Avantis International Small Cap Value ETF by 25.8% during the 4th quarter. Ameriprise Financial Inc. now owns 3,564 shares of the company’s stock worth $232,000 after acquiring an additional 730 shares in the last quarter. Finally, Financial Symmetry Inc purchased a new stake in Avantis International Small Cap Value ETF in the fourth quarter valued at $251,000.

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.