Accredited Wealth Management LLC Grows Holdings in Avantis Emerging Markets Value ETF $AVES

Accredited Wealth Management LLC increased its stake in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 359.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 39,462 shares of the company’s stock after purchasing an additional 30,877 shares during the period. Avantis Emerging Markets Value ETF makes up approximately 1.9% of Accredited Wealth Management LLC’s investment portfolio, making the stock its 14th largest position. Accredited Wealth Management LLC owned 0.28% of Avantis Emerging Markets Value ETF worth $2,264,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in Avantis Emerging Markets Value ETF by 36.4% during the first quarter. AQR Capital Management LLC now owns 17,265 shares of the company’s stock worth $814,000 after purchasing an additional 4,605 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Avantis Emerging Markets Value ETF by 7.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 220,831 shares of the company’s stock valued at $11,824,000 after buying an additional 15,024 shares during the period. Cloud Capital Management LLC raised its holdings in shares of Avantis Emerging Markets Value ETF by 21.3% in the 2nd quarter. Cloud Capital Management LLC now owns 7,237 shares of the company’s stock valued at $391,000 after buying an additional 1,273 shares during the period. Entrewealth LLC lifted its stake in Avantis Emerging Markets Value ETF by 33.9% during the 2nd quarter. Entrewealth LLC now owns 37,279 shares of the company’s stock worth $1,996,000 after acquiring an additional 9,443 shares in the last quarter. Finally, True Wealth Design LLC boosted its holdings in Avantis Emerging Markets Value ETF by 566.1% during the 2nd quarter. True Wealth Design LLC now owns 18,990 shares of the company’s stock valued at $1,017,000 after acquiring an additional 16,139 shares during the period.

Avantis Emerging Markets Value ETF Price Performance

NYSEARCA AVES opened at $66.16 on Friday. The company has a market cap of $1.20 billion, a P/E ratio of 10.65 and a beta of 0.66. The stock has a 50-day moving average of $62.08 and a two-hundred day moving average of $58.95. Avantis Emerging Markets Value ETF has a 1-year low of $41.68 and a 1-year high of $67.01.

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.