Avantis Emerging Markets Value ETF $AVES Shares Sold by Enzi Wealth

Enzi Wealth lowered its stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 75.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,174 shares of the company’s stock after selling 77,933 shares during the period. Avantis Emerging Markets Value ETF accounts for 0.5% of Enzi Wealth’s holdings, making the stock its 27th biggest position. Enzi Wealth owned 0.16% of Avantis Emerging Markets Value ETF worth $1,537,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. US Bancorp DE purchased a new stake in shares of Avantis Emerging Markets Value ETF during the third quarter valued at $153,000. PNC Financial Services Group Inc. raised its stake in Avantis Emerging Markets Value ETF by 34.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,303 shares of the company’s stock worth $190,000 after acquiring an additional 839 shares during the last quarter. Apella Capital LLC acquired a new stake in Avantis Emerging Markets Value ETF during the 3rd quarter worth about $202,000. Ameriprise Financial Inc. acquired a new stake in Avantis Emerging Markets Value ETF during the 3rd quarter worth about $203,000. Finally, Evanson Asset Management LLC purchased a new stake in Avantis Emerging Markets Value ETF during the 3rd quarter valued at about $204,000.

Avantis Emerging Markets Value ETF Stock Performance

Shares of AVES stock opened at $59.98 on Wednesday. The stock’s 50-day simple moving average is $62.61 and its 200-day simple moving average is $59.72. The firm has a market capitalization of $1.09 billion, a PE ratio of 10.65 and a beta of 0.66. Avantis Emerging Markets Value ETF has a fifty-two week low of $41.68 and a fifty-two week 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.