Avantis Emerging Markets Value ETF $AVES Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. reduced its holdings in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 55.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 7,316 shares of the company’s stock after selling 9,029 shares during the period. Goldman Sachs Group Inc. owned approximately 0.05% of Avantis Emerging Markets Value ETF worth $345,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. American Century Companies Inc. lifted its stake in shares of Avantis Emerging Markets Value ETF by 23.3% in the 1st quarter. American Century Companies Inc. now owns 956,758 shares of the company’s stock worth $45,121,000 after acquiring an additional 180,622 shares during the period. Focus Partners Wealth raised its stake in shares of Avantis Emerging Markets Value ETF by 3,632.5% during the 1st quarter. Focus Partners Wealth now owns 832,321 shares of the company’s stock worth $39,252,000 after buying an additional 810,022 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Avantis Emerging Markets Value ETF by 5.4% in the first quarter. Empowered Funds LLC now owns 796,550 shares of the company’s stock valued at $37,565,000 after purchasing an additional 40,768 shares in the last quarter. CCM Investment Group LLC acquired a new stake in Avantis Emerging Markets Value ETF during the 1st quarter valued at $37,750,000. Finally, Armbruster Capital Management Inc. raised its stake in Avantis Emerging Markets Value ETF by 3.0% in the 1st quarter. Armbruster Capital Management Inc. now owns 320,566 shares of the company’s stock valued at $15,118,000 after purchasing an additional 9,424 shares during the last quarter.

Avantis Emerging Markets Value ETF Stock Performance

Shares of NYSEARCA AVES opened at $56.46 on Friday. The firm has a market cap of $785.92 million, a P/E 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. The firm’s 50 day moving average price is $55.89 and its 200 day moving average price is $51.99.

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.