Focus Partners Wealth Sells 63,085 Shares of Avantis Emerging Markets Value ETF $AVES

Focus Partners Wealth lessened its position in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 7.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 737,385 shares of the company’s stock after selling 63,085 shares during the period. Focus Partners Wealth’s holdings in Avantis Emerging Markets Value ETF were worth $42,997,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in AVES. AQR Capital Management LLC boosted its holdings in shares of 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 acquiring an additional 4,605 shares during the period. Betterment LLC boosted its holdings in shares of Avantis Emerging Markets Value ETF by 81.2% during the second quarter. Betterment LLC now owns 9,026 shares of the company’s stock worth $483,000 after acquiring an additional 4,045 shares during the period. NCM Capital Management LLC boosted its holdings in shares of Avantis Emerging Markets Value ETF by 5.3% during the second quarter. NCM Capital Management LLC now owns 17,669 shares of the company’s stock worth $946,000 after acquiring an additional 893 shares during the period. Jane Street Group LLC boosted its holdings in shares of Avantis Emerging Markets Value ETF by 497.1% during the second quarter. Jane Street Group LLC now owns 301,100 shares of the company’s stock worth $16,122,000 after acquiring an additional 250,674 shares during the period. Finally, MML Investors Services LLC boosted its holdings in shares of Avantis Emerging Markets Value ETF by 3.6% during the second quarter. MML Investors Services LLC now owns 68,007 shares of the company’s stock worth $3,641,000 after acquiring an additional 2,335 shares during the period.

Avantis Emerging Markets Value ETF Stock Up 2.9%

Shares of NYSEARCA:AVES opened at $68.76 on Tuesday. Avantis Emerging Markets Value ETF has a 12-month low of $52.08 and a 12-month high of $69.06. The stock has a market cap of $1.49 billion, a PE ratio of 10.65 and a beta of 0.69. The business has a 50 day moving average of $65.52 and a 200-day moving average of $62.53.

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.