Lam Group Inc. Trims Stock Position in Avantis International Small Cap Value ETF (NYSEARCA:AVDV)

Lam Group Inc. reduced its stake in Avantis International Small Cap Value ETF (NYSEARCA:AVDV) by 44.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,680 shares of the company’s stock after selling 6,895 shares during the period. Lam Group Inc.’s holdings in Avantis International Small Cap Value ETF were worth $565,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of AVDV. Nemes Rush Group LLC grew its stake in 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 worth $70,000 after purchasing an additional 440 shares during the period. Emprise Bank grew its position in shares of Avantis International Small Cap Value ETF by 20.8% in the 3rd quarter. Emprise Bank now owns 107,803 shares of the company’s stock worth $7,618,000 after buying an additional 18,578 shares during the period. Gibson Capital LLC increased its stake in shares of Avantis International Small Cap Value ETF by 13.6% in the 3rd quarter. Gibson Capital LLC now owns 23,913 shares of the company’s stock worth $1,690,000 after acquiring an additional 2,855 shares in the last quarter. Klaas Financial Asset Advisors LLC lifted its position in Avantis International Small Cap Value ETF by 2.3% during the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 79,192 shares of the company’s stock valued at $5,596,000 after acquiring an additional 1,809 shares during the period. Finally, Morton Brown Family Wealth LLC boosted its stake in Avantis International Small Cap Value ETF by 171.8% during the third quarter. Morton Brown Family Wealth LLC now owns 169,806 shares of the company’s stock worth $12,000,000 after acquiring an additional 107,342 shares in the last quarter.

Avantis International Small Cap Value ETF Stock Performance

Shares of AVDV opened at $64.96 on Tuesday. The firm’s 50-day simple moving average is $66.02 and its two-hundred day simple moving average is $67.11. Avantis International Small Cap Value ETF has a fifty-two week low of $59.95 and a fifty-two week high of $71.31. The stock has a market cap of $5.67 billion, a PE ratio of 7.84 and a beta of 0.80.

Avantis International Small Cap Value ETF 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.