Kings Path Partners LLC Raises Stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Kings Path Partners LLC grew its holdings in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 84.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 624 shares of the company’s stock after acquiring an additional 285 shares during the quarter. Kings Path Partners LLC’s holdings in Avantis Emerging Markets Value ETF were worth $29,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Farther Finance Advisors LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 1,493.6% during the 4th quarter. Farther Finance Advisors LLC now owns 3,713 shares of the company’s stock valued at $172,000 after purchasing an additional 3,480 shares during the last quarter. XY Planning Network Inc. purchased a new stake in Avantis Emerging Markets Value ETF during the fourth quarter valued at about $264,000. Ariadne Wealth Management LP purchased a new stake in Avantis Emerging Markets Value ETF during the fourth quarter valued at about $315,000. Guidance Capital Inc. grew its stake in shares of Avantis Emerging Markets Value ETF by 33.7% during the fourth quarter. Guidance Capital Inc. now owns 7,039 shares of the company’s stock valued at $327,000 after buying an additional 1,773 shares during the last quarter. Finally, Accredited Wealth Management LLC purchased a new position in shares of Avantis Emerging Markets Value ETF in the fourth quarter worth about $388,000.

Avantis Emerging Markets Value ETF Trading Up 0.7%

NYSEARCA AVES opened at $51.37 on Friday. The firm has a market cap of $673.97 million, a PE ratio of 10.21 and a beta of 0.64. Avantis Emerging Markets Value ETF has a 1-year low of $41.68 and a 1-year high of $53.12. The stock has a 50-day moving average of $47.79 and a 200-day moving average of $47.49.

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.