Corient Private Wealth LLC Lowers Stock Holdings in Avantis Emerging Markets Value ETF $AVES

Corient Private Wealth LLC reduced its stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 33.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,184 shares of the company’s stock after selling 30,893 shares during the quarter. Corient Private Wealth LLC owned about 0.43% of Avantis Emerging Markets Value ETF worth $3,223,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kiker Wealth Management LLC purchased a new position in Avantis Emerging Markets Value ETF during the second quarter valued at $27,000. NCM Capital Management LLC increased its holdings in shares of Avantis Emerging Markets Value ETF by 3.8% during the first quarter. NCM Capital Management LLC now owns 16,776 shares of the company’s stock valued at $791,000 after acquiring an additional 609 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Avantis Emerging Markets Value ETF by 77.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,720 shares of the company’s stock valued at $128,000 after acquiring an additional 1,191 shares in the last quarter. Cloud Capital Management LLC increased its holdings in shares of Avantis Emerging Markets Value ETF by 21.3% during the second quarter. Cloud Capital Management LLC now owns 7,237 shares of the company’s stock valued at $391,000 after acquiring an additional 1,273 shares in the last quarter. Finally, Good Life Advisors LLC raised its position in shares of Avantis Emerging Markets Value ETF by 9.0% in the 2nd quarter. Good Life Advisors LLC now owns 16,341 shares of the company’s stock worth $875,000 after purchasing an additional 1,349 shares during the last quarter.

Avantis Emerging Markets Value ETF Price Performance

Shares of Avantis Emerging Markets Value ETF stock opened at $57.63 on Monday. Avantis Emerging Markets Value ETF has a 1 year low of $41.68 and a 1 year high of $59.27. The firm’s 50-day moving average is $57.89 and its 200 day moving average is $56.15. The stock has a market cap of $824.11 million, a price-to-earnings 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.