Envestnet Asset Management Inc. Buys 15,024 Shares of Avantis Emerging Markets Value ETF $AVES

Envestnet Asset Management Inc. boosted its stake in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 7.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 220,831 shares of the company’s stock after buying an additional 15,024 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Avantis Emerging Markets Value ETF were worth $11,824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. increased its holdings in shares of Avantis Emerging Markets Value ETF by 23.3% during the 1st quarter. American Century Companies Inc. now owns 956,758 shares of the company’s stock worth $45,121,000 after purchasing an additional 180,622 shares during the period. Focus Partners Wealth lifted its stake in shares of Avantis Emerging Markets Value ETF by 3,632.5% in the first quarter. Focus Partners Wealth now owns 832,321 shares of the company’s stock valued at $39,252,000 after buying an additional 810,022 shares during the period. Empowered Funds LLC lifted its stake in shares of Avantis Emerging Markets Value ETF by 5.4% in the first quarter. Empowered Funds LLC now owns 796,550 shares of the company’s stock valued at $37,565,000 after buying an additional 40,768 shares during the period. CCM Investment Group LLC acquired a new stake in Avantis Emerging Markets Value ETF during the first quarter worth about $37,750,000. Finally, Armbruster Capital Management Inc. increased its stake in Avantis Emerging Markets Value ETF by 5.9% during the second quarter. Armbruster Capital Management Inc. now owns 339,604 shares of the company’s stock valued at $18,184,000 after acquiring an additional 19,038 shares during the period.

Avantis Emerging Markets Value ETF Stock Down 0.3%

Avantis Emerging Markets Value ETF stock opened at $57.74 on Friday. The business has a 50 day moving average price of $57.32 and a two-hundred day moving average price of $54.38. Avantis Emerging Markets Value ETF has a 12 month low of $41.68 and a 12 month high of $58.91. The stock has a market cap of $825.68 million, a price-to-earnings ratio of 10.65 and a beta of 0.66.

About Avantis Emerging Markets Value ETF

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.