Austin Wealth Management LLC Boosts Position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Austin Wealth Management LLC grew its position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 14.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 100,164 shares of the company’s stock after purchasing an additional 12,366 shares during the period. Avantis Emerging Markets Value ETF makes up 1.1% of Austin Wealth Management LLC’s holdings, making the stock its 28th biggest position. Austin Wealth Management LLC’s holdings in Avantis Emerging Markets Value ETF were worth $5,223,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in AVES. Guidance Capital Inc. acquired a new stake in Avantis Emerging Markets Value ETF during the 2nd quarter valued at $234,000. Gibson Capital LLC acquired a new stake in shares of Avantis Emerging Markets Value ETF during the third quarter valued at $242,000. Werba Rubin Papier Wealth Management purchased a new stake in Avantis Emerging Markets Value ETF during the 3rd quarter worth about $502,000. Good Life Advisors LLC raised its stake in Avantis Emerging Markets Value ETF by 8.6% in the 3rd quarter. Good Life Advisors LLC now owns 9,749 shares of the company’s stock valued at $508,000 after purchasing an additional 771 shares during the last quarter. Finally, Greenspring Advisors LLC lifted its holdings in Avantis Emerging Markets Value ETF by 9.7% in the 2nd quarter. Greenspring Advisors LLC now owns 11,339 shares of the company’s stock valued at $553,000 after purchasing an additional 998 shares in the last quarter.

Avantis Emerging Markets Value ETF Trading Down 0.3 %

Shares of NYSEARCA AVES traded down $0.14 during midday trading on Thursday, reaching $49.95. 1,018 shares of the stock were exchanged, compared to its average volume of 42,590. The stock has a 50 day moving average price of $50.37 and a 200-day moving average price of $49.33. The company has a market capitalization of $473.53 million, a P/E ratio of 8.07 and a beta of 0.79. Avantis Emerging Markets Value ETF has a 52-week low of $41.50 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.