Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Shares Purchased by Fortress Wealth Management Inc.

Fortress Wealth Management Inc. raised its position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 23.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 78,499 shares of the company’s stock after acquiring an additional 15,047 shares during the quarter. Avantis Emerging Markets Value ETF accounts for about 1.8% of Fortress Wealth Management Inc.’s investment portfolio, making the stock its 16th biggest position. Fortress Wealth Management Inc.’s holdings in Avantis Emerging Markets Value ETF were worth $3,627,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Armbruster Capital Management Inc. raised its stake in Avantis Emerging Markets Value ETF by 2.7% during the 4th quarter. Armbruster Capital Management Inc. now owns 311,142 shares of the company’s stock valued at $14,375,000 after acquiring an additional 8,161 shares in the last quarter. Cypress Point Wealth Management LLC increased its holdings in shares of Avantis Emerging Markets Value ETF by 7.2% during the fourth quarter. Cypress Point Wealth Management LLC now owns 28,976 shares of the company’s stock valued at $1,339,000 after purchasing an additional 1,952 shares during the period. Apeiron RIA LLC raised its stake in shares of Avantis Emerging Markets Value ETF by 39.2% during the fourth quarter. Apeiron RIA LLC now owns 115,621 shares of the company’s stock valued at $5,342,000 after purchasing an additional 32,549 shares in the last quarter. Seed Wealth Management Inc. lifted its holdings in Avantis Emerging Markets Value ETF by 13.3% in the fourth quarter. Seed Wealth Management Inc. now owns 6,800 shares of the company’s stock worth $314,000 after purchasing an additional 800 shares during the period. Finally, Versant Capital Management Inc grew its position in Avantis Emerging Markets Value ETF by 2.7% in the 4th quarter. Versant Capital Management Inc now owns 11,675 shares of the company’s stock valued at $539,000 after buying an additional 305 shares in the last quarter.

Avantis Emerging Markets Value ETF Trading Down 0.8 %

AVES stock opened at $46.09 on Tuesday. The firm’s 50-day moving average is $47.38 and its two-hundred day moving average is $48.87. The company has a market capitalization of $436.93 million, a price-to-earnings ratio of 8.07 and a beta of 0.79. Avantis Emerging Markets Value ETF has a 52 week low of $44.44 and a 52 week high of $53.12.

Avantis Emerging Markets Value ETF Company Profile

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.