Parkshore Wealth Management Inc. Sells 15,051 Shares of Avantis Emerging Markets Value ETF $AVES

Parkshore Wealth Management Inc. lessened its stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 23.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,149 shares of the company’s stock after selling 15,051 shares during the period. Avantis Emerging Markets Value ETF makes up approximately 1.3% of Parkshore Wealth Management Inc.’s holdings, making the stock its 17th largest position. Parkshore Wealth Management Inc.’s holdings in Avantis Emerging Markets Value ETF were worth $2,685,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in AVES. Kings Path Partners LLC grew its position in Avantis Emerging Markets Value ETF by 84.1% in the 1st quarter. Kings Path Partners LLC now owns 624 shares of the company’s stock worth $29,000 after purchasing an additional 285 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Avantis Emerging Markets Value ETF by 77.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,720 shares of the company’s stock worth $128,000 after acquiring an additional 1,191 shares during the last quarter. Physician Wealth Solutions Inc. purchased a new position in shares of Avantis Emerging Markets Value ETF during the 2nd quarter worth $233,000. Betterment LLC purchased a new position in shares of Avantis Emerging Markets Value ETF during the 1st quarter worth $235,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Avantis Emerging Markets Value ETF by 45.2% during the 1st quarter. Farther Finance Advisors LLC now owns 5,392 shares of the company’s stock worth $256,000 after acquiring an additional 1,679 shares during the last quarter.

Avantis Emerging Markets Value ETF Price Performance

Shares of Avantis Emerging Markets Value ETF stock opened at $57.66 on Monday. The company’s fifty day simple moving average is $55.64 and its 200-day simple moving average is $51.69. The stock has a market capitalization of $802.63 million, a PE 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.