Austin Wealth Management LLC Buys 10,199 Shares of Avantis Emerging Markets Value ETF $AVES

Austin Wealth Management LLC raised its stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 5.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 189,214 shares of the company’s stock after acquiring an additional 10,199 shares during the period. Avantis Emerging Markets Value ETF comprises about 1.7% of Austin Wealth Management LLC’s investment portfolio, making the stock its 19th largest position. Austin Wealth Management LLC owned 1.32% of Avantis Emerging Markets Value ETF worth $10,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Capital Investment Advisory Services LLC increased its holdings in Avantis Emerging Markets Value ETF by 10.8% in the third quarter. Capital Investment Advisory Services LLC now owns 19,130 shares of the company’s stock valued at $1,098,000 after purchasing an additional 1,870 shares during the last quarter. Savant Capital LLC acquired a new position in shares of Avantis Emerging Markets Value ETF during the 3rd quarter worth about $619,000. Envestnet Asset Management Inc. grew its position in shares of Avantis Emerging Markets Value ETF by 3.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 228,813 shares of the company’s stock worth $13,127,000 after buying an additional 7,982 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Avantis Emerging Markets Value ETF by 27.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 17,243 shares of the company’s stock valued at $974,000 after acquiring an additional 3,684 shares during the last quarter. Finally, Cloud Capital Management LLC raised its position in shares of Avantis Emerging Markets Value ETF by 8.6% in the 3rd quarter. Cloud Capital Management LLC now owns 7,859 shares of the company’s stock valued at $450,000 after acquiring an additional 622 shares during the period.

Avantis Emerging Markets Value ETF Stock Up 2.0%

Shares of NYSEARCA AVES opened at $63.49 on Friday. Avantis Emerging Markets Value ETF has a twelve month low of $41.68 and a twelve month high of $64.18. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 10.65 and a beta of 0.66. The company’s fifty day moving average is $59.88 and its 200-day moving average is $57.87.

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.