Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sees Large Volume Increase – Time to Buy?

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) shares saw unusually-strong trading volume on Monday . Approximately 2,664,693 shares were traded during trading, an increase of 798% from the previous session’s volume of 296,875 shares.The stock last traded at $67.40 and had previously closed at $67.39.

Avantis International Small Cap Value ETF Stock Performance

The firm’s 50 day moving average is $68.78 and its 200-day moving average is $67.06. The firm has a market cap of $5.86 billion, a price-to-earnings ratio of 7.84 and a beta of 0.80.

Institutional Trading of Avantis International Small Cap Value ETF

A number of institutional investors and hedge funds have recently modified their holdings of AVDV. Brown Brothers Harriman & Co. grew its holdings in Avantis International Small Cap Value ETF by 110.4% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 810 shares of the company’s stock valued at $53,000 after buying an additional 425 shares during the last quarter. Nemes Rush Group LLC boosted its position in shares of Avantis International Small Cap Value ETF by 69.3% in the second quarter. Nemes Rush Group LLC now owns 1,075 shares of the company’s stock valued at $70,000 after acquiring an additional 440 shares during the period. LRI Investments LLC acquired a new stake in shares of Avantis International Small Cap Value ETF in the first quarter worth $109,000. Nations Financial Group Inc. IA ADV increased its position in Avantis International Small Cap Value ETF by 3.5% during the second quarter. Nations Financial Group Inc. IA ADV now owns 6,415 shares of the company’s stock worth $417,000 after acquiring an additional 215 shares during the period. Finally, Lam Group Inc. raised its stake in Avantis International Small Cap Value ETF by 61.9% during the 3rd quarter. Lam Group Inc. now owns 15,575 shares of the company’s stock valued at $1,101,000 after purchasing an additional 5,955 shares during the last quarter.

Avantis International Small Cap Value ETF Company Profile

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.