Focus Partners Wealth Has $43 Million Stock Holdings in Avantis Emerging Markets Value ETF $AVES

Focus Partners Wealth lowered its stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 7.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 737,385 shares of the company’s stock after selling 63,085 shares during the quarter. Focus Partners Wealth owned approximately 4.07% of Avantis Emerging Markets Value ETF worth $42,997,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of AVES. Envestnet Asset Management Inc. grew its stake in Avantis Emerging Markets Value ETF by 3.6% in the third quarter. Envestnet Asset Management Inc. now owns 228,813 shares of the company’s stock valued at $13,127,000 after purchasing an additional 7,982 shares in the last quarter. HighTower Advisors LLC grew its stake in Avantis Emerging Markets Value ETF by 23.3% in the third quarter. HighTower Advisors LLC now owns 246,896 shares of the company’s stock valued at $14,164,000 after purchasing an additional 46,634 shares in the last quarter. Austin Wealth Management LLC grew its stake in Avantis Emerging Markets Value ETF by 9.1% in the fourth quarter. Austin Wealth Management LLC now owns 206,384 shares of the company’s stock valued at $12,292,000 after purchasing an additional 17,170 shares in the last quarter. Focus Partners Advisor Solutions LLC grew its stake in Avantis Emerging Markets Value ETF by 66.8% in the third quarter. Focus Partners Advisor Solutions LLC now owns 415,994 shares of the company’s stock valued at $24,308,000 after purchasing an additional 166,545 shares in the last quarter. Finally, Accredited Wealth Management LLC grew its stake in Avantis Emerging Markets Value ETF by 359.7% in the third quarter. Accredited Wealth Management LLC now owns 39,462 shares of the company’s stock valued at $2,264,000 after purchasing an additional 30,877 shares in the last quarter.

Avantis Emerging Markets Value ETF Price Performance

Shares of AVES stock opened at $68.76 on Tuesday. The stock has a market cap of $1.49 billion, a P/E ratio of 10.65 and a beta of 0.69. The company has a fifty day moving average price of $65.52 and a two-hundred day moving average price of $62.53. Avantis Emerging Markets Value ETF has a one year low of $52.08 and a one year high of $69.06.

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.