JPMorgan Chase & Co. Sells 6,621 Shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

JPMorgan Chase & Co. trimmed its position in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 49.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,782 shares of the company’s stock after selling 6,621 shares during the quarter. JPMorgan Chase & Co. owned 0.07% of Avantis Emerging Markets Value ETF worth $313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Ariadne Wealth Management LP purchased a new position in Avantis Emerging Markets Value ETF during the fourth quarter worth about $315,000. CoreFirst Bank & Trust purchased a new position in shares of Avantis Emerging Markets Value ETF in the 4th quarter worth approximately $1,325,000. LPL Financial LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 21.7% in the fourth quarter. LPL Financial LLC now owns 39,963 shares of the company’s stock valued at $1,846,000 after acquiring an additional 7,120 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Avantis Emerging Markets Value ETF by 18.3% in the fourth quarter. American Century Companies Inc. now owns 776,136 shares of the company’s stock valued at $35,857,000 after acquiring an additional 119,963 shares in the last quarter. Finally, Symmetry Partners LLC increased its position in shares of Avantis Emerging Markets Value ETF by 202.8% during the fourth quarter. Symmetry Partners LLC now owns 97,984 shares of the company’s stock valued at $4,527,000 after acquiring an additional 65,627 shares during the last quarter.

Avantis Emerging Markets Value ETF Trading Up 3.1 %

AVES stock opened at $49.01 on Friday. The stock has a market cap of $613.61 million, a P/E ratio of 9.67 and a beta of 0.64. The stock’s fifty day simple moving average is $46.76 and its two-hundred day simple moving average is $47.53. Avantis Emerging Markets Value ETF has a 1-year low of $41.68 and a 1-year high of $53.12.

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.