Lam Group Inc. Boosts Stock Holdings in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS)

Lam Group Inc. lifted its stake in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) by 167.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,320 shares of the company’s stock after purchasing an additional 10,210 shares during the period. Lam Group Inc. owned about 5.10% of Avantis International Small Cap Equity ETF worth $920,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Atwood & Palmer Inc. acquired a new stake in Avantis International Small Cap Equity ETF in the 2nd quarter valued at about $88,000. Farther Finance Advisors LLC raised its holdings in Avantis International Small Cap Equity ETF by 614.7% in the second quarter. Farther Finance Advisors LLC now owns 4,467 shares of the company’s stock valued at $231,000 after acquiring an additional 3,842 shares in the last quarter. Evanson Asset Management LLC purchased a new position in Avantis International Small Cap Equity ETF in the first quarter worth approximately $301,000. Hardin Capital Partners LLC purchased a new position in Avantis International Small Cap Equity ETF in the second quarter worth approximately $345,000. Finally, Dixon Fnancial Services Inc. acquired a new position in Avantis International Small Cap Equity ETF during the 1st quarter worth approximately $773,000.

Avantis International Small Cap Equity ETF Price Performance

Shares of AVDS traded up $0.38 during midday trading on Friday, reaching $55.14. The stock had a trading volume of 16 shares, compared to its average volume of 4,745. The company has a market cap of $17.64 million, a price-to-earnings ratio of 12.26 and a beta of 0.86. The company’s fifty day simple moving average is $54.71 and its two-hundred day simple moving average is $53.48. Avantis International Small Cap Equity ETF has a 1-year low of $43.94 and a 1-year high of $56.67.

Avantis International Small Cap Equity ETF Company Profile

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.