Red Lighthouse Investment Management LLC Buys 2,108 Shares of Avantis Emerging Markets Value ETF $AVES

Red Lighthouse Investment Management LLC lifted its stake in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 1.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 217,778 shares of the company’s stock after acquiring an additional 2,108 shares during the period. Avantis Emerging Markets Value ETF accounts for approximately 4.5% of Red Lighthouse Investment Management LLC’s portfolio, making the stock its 7th biggest holding. Red Lighthouse Investment Management LLC’s holdings in Avantis Emerging Markets Value ETF were worth $11,661,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in AVES. Kiker Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Value ETF during the second quarter valued at $27,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Avantis Emerging Markets Value ETF by 77.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,720 shares of the company’s stock valued at $128,000 after acquiring an additional 1,191 shares during the last quarter. Life Planning Partners Inc acquired a new stake in Avantis Emerging Markets Value ETF in the 2nd quarter worth about $221,000. Physician Wealth Solutions Inc. acquired a new stake in Avantis Emerging Markets Value ETF in the 2nd quarter worth about $233,000. Finally, Betterment LLC acquired a new stake in Avantis Emerging Markets Value ETF in the 1st quarter worth about $235,000.

Avantis Emerging Markets Value ETF Trading Up 0.2%

Shares of NYSEARCA:AVES opened at $58.22 on Monday. The stock’s 50-day moving average price is $56.86 and its two-hundred day moving average price is $53.51. Avantis Emerging Markets Value ETF has a 12-month low of $41.68 and a 12-month high of $58.35. The firm has a market cap of $826.72 million, a price-to-earnings 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.