LPL Financial LLC Purchases 7,436 Shares of Avantis Emerging Markets Value ETF $AVES

LPL Financial LLC lifted its position in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 18.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,399 shares of the company’s stock after purchasing an additional 7,436 shares during the period. LPL Financial LLC owned 0.38% of Avantis Emerging Markets Value ETF worth $2,235,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. HB Wealth Management LLC bought a new position in shares of Avantis Emerging Markets Value ETF during the first quarter worth approximately $480,000. Guidance Capital Inc. increased its stake in Avantis Emerging Markets Value ETF by 12.0% during the 1st quarter. Guidance Capital Inc. now owns 7,881 shares of the company’s stock worth $386,000 after acquiring an additional 842 shares during the period. Allegiance Financial Group Advisory Services LLC increased its stake in Avantis Emerging Markets Value ETF by 10.4% during the 1st quarter. Allegiance Financial Group Advisory Services LLC now owns 142,045 shares of the company’s stock worth $6,699,000 after acquiring an additional 13,363 shares during the period. Forum Financial Management LP bought a new position in Avantis Emerging Markets Value ETF during the 1st quarter worth $717,000. Finally, Fortress Wealth Management Inc. increased its stake in Avantis Emerging Markets Value ETF by 21.7% during the 1st quarter. Fortress Wealth Management Inc. now owns 95,545 shares of the company’s stock worth $4,506,000 after acquiring an additional 17,046 shares during the period.

Avantis Emerging Markets Value ETF Price Performance

Avantis Emerging Markets Value ETF stock opened at $55.65 on Wednesday. The stock’s fifty day moving average price is $54.25 and its two-hundred day moving average price is $50.12. Avantis Emerging Markets Value ETF has a one year low of $41.68 and a one year high of $56.24. The firm has a market cap of $774.65 million, a PE 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.