Farther Finance Advisors LLC Has $256,000 Stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Farther Finance Advisors LLC raised its position in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 45.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,392 shares of the company’s stock after buying an additional 1,679 shares during the period. Farther Finance Advisors LLC’s holdings in Avantis Emerging Markets Value ETF were worth $256,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Park Avenue Securities LLC acquired a new stake in shares of Avantis Emerging Markets Value ETF during the first quarter worth approximately $2,324,000. Greenspring Advisors LLC increased its holdings in shares of Avantis Emerging Markets Value ETF by 3.1% during the first quarter. Greenspring Advisors LLC now owns 18,941 shares of the company’s stock worth $893,000 after buying an additional 578 shares in the last quarter. Wedmont Private Capital increased its holdings in shares of Avantis Emerging Markets Value ETF by 25.1% during the first quarter. Wedmont Private Capital now owns 42,885 shares of the company’s stock worth $1,946,000 after buying an additional 8,613 shares in the last quarter. Efficient Frontier Advisors LLC increased its holdings in shares of Avantis Emerging Markets Value ETF by 16.7% during the first quarter. Efficient Frontier Advisors LLC now owns 5,730 shares of the company’s stock worth $270,000 after buying an additional 818 shares in the last quarter. Finally, Kings Path Partners LLC increased its holdings in shares of Avantis Emerging Markets Value ETF by 84.1% during the first quarter. Kings Path Partners LLC now owns 624 shares of the company’s stock worth $29,000 after buying an additional 285 shares in the last quarter.

Avantis Emerging Markets Value ETF Trading Down 0.1%

NYSEARCA AVES opened at $52.73 on Thursday. The firm has a market cap of $706.58 million, a price-to-earnings ratio of 10.53 and a beta of 0.65. The company has a 50 day moving average of $49.66 and a 200-day moving average of $47.86. Avantis Emerging Markets Value ETF has a 1-year low of $41.68 and a 1-year high of $53.87.

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.