Lam Group Inc. Grows Stock Position in Avantis Emerging Markets Value ETF $AVES

Lam Group Inc. boosted its position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 44.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 10,045 shares of the company’s stock after purchasing an additional 3,085 shares during the period. Lam Group Inc.’s holdings in Avantis Emerging Markets Value ETF were worth $538,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of AVES. Kings Path Partners LLC increased its position in Avantis Emerging Markets Value ETF by 84.1% in the first quarter. Kings Path Partners LLC now owns 624 shares of the company’s stock worth $29,000 after buying an additional 285 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Avantis Emerging Markets Value ETF by 77.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,720 shares of the company’s stock worth $128,000 after buying an additional 1,191 shares during the last quarter. Betterment LLC purchased a new stake in Avantis Emerging Markets Value ETF in the first quarter worth $235,000. Farther Finance Advisors LLC increased its position in Avantis Emerging Markets Value ETF by 45.2% in the first quarter. Farther Finance Advisors LLC now owns 5,392 shares of the company’s stock worth $256,000 after buying an additional 1,679 shares during the last quarter. Finally, XY Planning Network Inc. purchased a new stake in Avantis Emerging Markets Value ETF in the fourth quarter worth $264,000.

Avantis Emerging Markets Value ETF Price Performance

NYSEARCA:AVES opened at $57.38 on Friday. The business has a fifty day simple moving average of $55.25 and a two-hundred day simple moving average of $51.27. Avantis Emerging Markets Value ETF has a 1 year low of $41.68 and a 1 year high of $57.56. The company has a market capitalization of $798.73 million, a P/E ratio of 10.65 and a beta of 0.66.

Avantis Emerging Markets Value ETF Profile

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.