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

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw an uptick in trading volume on Tuesday . 1,087,285 shares traded hands during trading, an increase of 79% from the previous session’s volume of 608,691 shares.The stock last traded at $65.36 and had previously closed at $65.80.

Avantis International Small Cap Value ETF Trading Down 0.9 %

The stock has a market cap of $5.70 billion, a P/E ratio of 7.84 and a beta of 0.80. The company’s 50 day moving average price is $66.52 and its two-hundred day moving average price is $67.15.

Hedge Funds Weigh In On Avantis International Small Cap Value ETF

A number of hedge funds have recently modified their holdings of AVDV. Brown Brothers Harriman & Co. lifted its holdings in shares of Avantis International Small Cap Value ETF by 110.4% in the second quarter. Brown Brothers Harriman & Co. now owns 810 shares of the company’s stock worth $53,000 after buying an additional 425 shares in the last quarter. Nemes Rush Group LLC lifted its stake in Avantis International Small Cap Value ETF by 69.3% in the 2nd quarter. Nemes Rush Group LLC now owns 1,075 shares of the company’s stock worth $70,000 after purchasing an additional 440 shares in the last quarter. Community Bank N.A. purchased a new stake in Avantis International Small Cap Value ETF in the 3rd quarter worth $852,000. Captrust Financial Advisors grew its position in shares of Avantis International Small Cap Value ETF by 2.2% during the third quarter. Captrust Financial Advisors now owns 12,522 shares of the company’s stock valued at $885,000 after purchasing an additional 275 shares in the last quarter. Finally, Lam Group Inc. increased its holdings in shares of Avantis International Small Cap Value ETF by 61.9% in the third quarter. Lam Group Inc. now owns 15,575 shares of the company’s stock worth $1,101,000 after purchasing an additional 5,955 shares during the last quarter.

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.