Farther Finance Advisors LLC Raises Stock Holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Farther Finance Advisors LLC grew its holdings in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 1,493.6% during the fourth quarter, Holdings Channel reports. The firm owned 3,713 shares of the company’s stock after purchasing an additional 3,480 shares during the quarter. Farther Finance Advisors LLC’s holdings in Avantis Emerging Markets Value ETF were worth $172,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of AVES. Golden Bell Financial Planning LLC purchased a new stake in Avantis Emerging Markets Value ETF during the fourth quarter worth about $7,464,000. Global Strategic Investment Solutions LLC purchased a new stake in Avantis Emerging Markets Value ETF during the fourth quarter worth about $5,125,000. Empowered Funds LLC increased its stake in Avantis Emerging Markets Value ETF by 5.2% during the fourth quarter. Empowered Funds LLC now owns 755,782 shares of the company’s stock worth $34,917,000 after purchasing an additional 37,246 shares during the period. Pathstone Holdings LLC increased its stake in Avantis Emerging Markets Value ETF by 19.5% during the third quarter. Pathstone Holdings LLC now owns 220,514 shares of the company’s stock worth $11,497,000 after purchasing an additional 36,006 shares during the period. Finally, Apeiron RIA LLC increased its stake in 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 worth $5,342,000 after purchasing an additional 32,549 shares during the period.

Avantis Emerging Markets Value ETF Price Performance

Shares of NYSEARCA:AVES opened at $48.65 on Thursday. The firm has a market capitalization of $566.29 million, a PE ratio of 10.34 and a beta of 0.69. The firm’s 50-day moving average is $46.71 and its two-hundred day moving average is $48.44. Avantis Emerging Markets Value ETF has a 1 year low of $44.44 and a 1 year high of $53.12.

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.