Private Advisor Group LLC Acquires 41,215 Shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Private Advisor Group LLC grew its holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 67.8% in the 3rd quarter, Holdings Channel reports. The fund owned 101,990 shares of the company’s stock after purchasing an additional 41,215 shares during the quarter. Private Advisor Group LLC’s holdings in Avantis Emerging Markets Value ETF were worth $5,318,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of AVES. Schwarz Dygos Wheeler Investment Advisors LLC bought a new stake in shares of Avantis Emerging Markets Value ETF in the first quarter valued at approximately $4,378,000. American Century Companies Inc. lifted its position in Avantis Emerging Markets Value ETF by 15.4% in the second quarter. American Century Companies Inc. now owns 529,219 shares of the company’s stock worth $25,799,000 after purchasing an additional 70,728 shares during the period. Fortress Wealth Management Inc. bought a new position in Avantis Emerging Markets Value ETF in the third quarter worth $3,308,000. Merriman Wealth Management LLC lifted its position in Avantis Emerging Markets Value ETF by 3.3% in the second quarter. Merriman Wealth Management LLC now owns 759,893 shares of the company’s stock worth $37,045,000 after purchasing an additional 24,117 shares during the period. Finally, MB Generational Wealth LLC lifted its position in Avantis Emerging Markets Value ETF by 25.7% in the first quarter. MB Generational Wealth LLC now owns 81,239 shares of the company’s stock worth $3,850,000 after purchasing an additional 16,630 shares during the period.

Avantis Emerging Markets Value ETF Price Performance

Shares of AVES stock opened at $50.52 on Friday. The stock has a market cap of $478.93 million, a P/E ratio of 8.07 and a beta of 0.79. Avantis Emerging Markets Value ETF has a one year low of $41.50 and a one year high of $53.12. The stock has a fifty day moving average price of $50.33 and a 200 day moving average price of $49.28.

About Avantis Emerging Markets Value ETF

The Avantis Emerging Markets Value ETF (AVES) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of emerging market equities with lower prices relative to their book values. AVES was launched on Sep 28, 2021 and is managed by American Century Investments.