AVIV Stock Summary and Trading Ideas (Avantis International Large Cap Value ETF | ARCA:AVIV)

The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies it defines as high profitability or value companies. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of companies with lower levels of profitability and higher prices relative to their book values or other financial metrics. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities of large capitalization companies. The fund is an actively managed exchange-traded fund (ETF) that does not seek to replicate the performance of a specified index.

Avantis International Large Cap Value ETF trades on the ARCA stock market under the symbol AVIV.

As of May 10, 2024, AVIV stock price declined to $54.48 with 9,073 million shares trading.

AVIV has a beta of 0.78, meaning it tends to be less sensitive to market movements. AVIV has a correlation of 0.46 to the broad based SPY ETF.

AVIV has a market cap of $375.94 million. This is considered a Small Cap stock.

AVIV has underperformed the market in the last year with a price return of +15.2% while the SPY ETF gained +27.8%. However, in the short term, AVIV had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.0% vs +4.2% return in SPY. But in the last 2 weeks, AVIV shares have been beat by the market, returning +1.9% compared to an SPY return of +2.5%.

AVIV support price is $54.02 and resistance is $55.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AVIV stock will trade within this expected range on the day.