Financial Architects LLC Purchases Shares of 4,710 Avantis Emerging Markets Value ETF $AVES

Financial Architects LLC purchased a new stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,710 shares of the company’s stock, valued at approximately $252,000. Avantis Emerging Markets Value ETF makes up about 0.2% of Financial Architects LLC’s holdings, making the stock its 26th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake 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 valued at $128,000 after buying an additional 1,191 shares in the last quarter. Physician Wealth Solutions Inc. purchased a new position in shares of Avantis Emerging Markets Value ETF during the second quarter worth about $233,000. Betterment LLC purchased a new position in shares of Avantis Emerging Markets Value ETF during the first quarter worth about $235,000. Farther Finance Advisors LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 45.2% during the first quarter. Farther Finance Advisors LLC now owns 5,392 shares of the company’s stock worth $256,000 after purchasing an additional 1,679 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC purchased a new position in shares of Avantis Emerging Markets Value ETF during the first quarter worth about $267,000.

Avantis Emerging Markets Value ETF Stock Performance

Shares of AVES stock opened at $57.49 on Friday. The stock’s 50-day moving average is $56.10 and its two-hundred day moving average is $52.28. The firm has a market cap of $804.86 million, a price-to-earnings ratio of 10.65 and a beta of 0.66. Avantis Emerging Markets Value ETF has a 1 year low of $41.68 and a 1 year high of $58.30.

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.