Avantis Emerging Markets Value ETF $AVES Stake Trimmed by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC cut its holdings in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 77.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 93,081 shares of the company’s stock after selling 322,913 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Avantis Emerging Markets Value ETF were worth $5,428,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Comerica Bank purchased a new stake in Avantis Emerging Markets Value ETF in the 4th quarter worth approximately $41,000. US Bancorp DE purchased a new stake in Avantis Emerging Markets Value ETF in the 3rd quarter worth approximately $153,000. Private Trust Co. NA lifted its holdings in shares of Avantis Emerging Markets Value ETF by 50.9% during the 4th quarter. Private Trust Co. NA now owns 2,934 shares of the company’s stock valued at $171,000 after buying an additional 990 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Avantis Emerging Markets Value ETF by 34.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,303 shares of the company’s stock valued at $190,000 after buying an additional 839 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in shares of Avantis Emerging Markets Value ETF during the 3rd quarter valued at about $203,000.

Avantis Emerging Markets Value ETF Stock Performance

AVES opened at $64.52 on Wednesday. The business has a 50 day moving average price of $64.96 and a 200 day moving average price of $62.26. Avantis Emerging Markets Value ETF has a twelve month low of $52.08 and a twelve month high of $69.06. The firm has a market cap of $1.39 billion, a P/E ratio of 10.65 and a beta of 0.69.

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.