Envestnet Asset Management Inc. Has $9.71 Million Position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Envestnet Asset Management Inc. raised its position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 20.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 205,807 shares of the company’s stock after acquiring an additional 34,571 shares during the quarter. Envestnet Asset Management Inc. owned approximately 1.64% of Avantis Emerging Markets Value ETF worth $9,706,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cloud Capital Management LLC acquired a new position in Avantis Emerging Markets Value ETF in the 1st quarter valued at about $281,000. CoreFirst Bank & Trust raised its holdings in Avantis Emerging Markets Value ETF by 6.4% in the 1st quarter. CoreFirst Bank & Trust now owns 30,512 shares of the company’s stock valued at $1,439,000 after acquiring an additional 1,827 shares during the period. Capital Investment Advisory Services LLC raised its holdings in Avantis Emerging Markets Value ETF by 14.8% in the 1st quarter. Capital Investment Advisory Services LLC now owns 17,095 shares of the company’s stock valued at $806,000 after acquiring an additional 2,203 shares during the period. Strategic Blueprint LLC raised its holdings in Avantis Emerging Markets Value ETF by 7.6% in the 1st quarter. Strategic Blueprint LLC now owns 47,305 shares of the company’s stock valued at $2,231,000 after acquiring an additional 3,332 shares during the period. Finally, Global Strategic Investment Solutions LLC raised its holdings in Avantis Emerging Markets Value ETF by 37.1% in the 1st quarter. Global Strategic Investment Solutions LLC now owns 152,102 shares of the company’s stock valued at $7,173,000 after acquiring an additional 41,180 shares during the period.

Avantis Emerging Markets Value ETF Stock Down 0.4%

Avantis Emerging Markets Value ETF stock opened at $54.63 on Monday. The stock has a market cap of $760.45 million, a P/E ratio of 10.65 and a beta of 0.66. Avantis Emerging Markets Value ETF has a twelve month low of $41.68 and a twelve month high of $54.96. The company’s 50-day moving average price is $52.54 and its two-hundred day moving average price is $48.75.

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.