Confluence Investment Management LLC Makes New $8.75 Million Investment in Avantis International Small Cap Value ETF $AVDV

Confluence Investment Management LLC acquired a new position in Avantis International Small Cap Value ETF (NYSEARCA:AVDV) during the third quarter, according to its most recent filing with the SEC. The firm acquired 98,253 shares of the company’s stock, valued at approximately $8,747,000. Confluence Investment Management LLC owned about 0.07% of Avantis International Small Cap Value ETF as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in AVDV. Parallel Advisors LLC lifted its stake in Avantis International Small Cap Value ETF by 112.1% in the second quarter. Parallel Advisors LLC now owns 3,974 shares of the company’s stock worth $315,000 after acquiring an additional 2,100 shares during the period. Curio Wealth LLC increased its position in Avantis International Small Cap Value ETF by 19,918.2% during the 2nd quarter. Curio Wealth LLC now owns 51,647 shares of the company’s stock valued at $4,095,000 after purchasing an additional 51,389 shares during the period. Morton Brown Family Wealth LLC raised its holdings in Avantis International Small Cap Value ETF by 10.0% in the 2nd quarter. Morton Brown Family Wealth LLC now owns 237,808 shares of the company’s stock worth $18,853,000 after purchasing an additional 21,564 shares in the last quarter. Cloud Capital Management LLC lifted its position in shares of Avantis International Small Cap Value ETF by 24.5% in the 2nd quarter. Cloud Capital Management LLC now owns 18,893 shares of the company’s stock worth $1,534,000 after purchasing an additional 3,717 shares during the period. Finally, Strategic Blueprint LLC boosted its stake in shares of Avantis International Small Cap Value ETF by 0.5% during the 2nd quarter. Strategic Blueprint LLC now owns 153,583 shares of the company’s stock valued at $12,176,000 after purchasing an additional 777 shares in the last quarter.

Avantis International Small Cap Value ETF Price Performance

Shares of NYSEARCA AVDV opened at $94.42 on Wednesday. Avantis International Small Cap Value ETF has a 1 year low of $60.74 and a 1 year high of $94.49. The stock has a market capitalization of $14.06 billion, a P/E ratio of 10.39 and a beta of 0.84. The company’s 50-day moving average is $90.68 and its 200 day moving average is $86.10.

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.