Tortoise Investment Management LLC Grows Stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Tortoise Investment Management LLC increased its holdings in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,346 shares of the company’s stock after purchasing an additional 6,094 shares during the quarter. Tortoise Investment Management LLC’s holdings in Avantis Emerging Markets Value ETF were worth $2,927,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Schwarz Dygos Wheeler Investment Advisors LLC grew its position in shares of Avantis Emerging Markets Value ETF by 2.5% during the fourth quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 125,768 shares of the company’s stock worth $5,810,000 after purchasing an additional 3,120 shares in the last quarter. Global Strategic Investment Solutions LLC purchased a new position in Avantis Emerging Markets Value ETF during the 4th quarter valued at approximately $5,125,000. Jones Financial Companies Lllp grew its holdings in Avantis Emerging Markets Value ETF by 23.6% during the 4th quarter. Jones Financial Companies Lllp now owns 11,824 shares of the company’s stock valued at $546,000 after buying an additional 2,258 shares in the last quarter. Jacobi Capital Management LLC grew its holdings in Avantis Emerging Markets Value ETF by 24.1% during the 4th quarter. Jacobi Capital Management LLC now owns 9,794 shares of the company’s stock valued at $452,000 after buying an additional 1,900 shares in the last quarter. Finally, Allegiance Financial Group Advisory Services LLC grew its holdings in Avantis Emerging Markets Value ETF by 12.7% during the 4th quarter. Allegiance Financial Group Advisory Services LLC now owns 128,682 shares of the company’s stock valued at $5,945,000 after buying an additional 14,484 shares in the last quarter.

Avantis Emerging Markets Value ETF Price Performance

NYSEARCA AVES opened at $47.86 on Monday. The stock has a market capitalization of $557.09 million, a PE ratio of 9.77 and a beta of 0.69. The business has a 50 day simple moving average of $46.45 and a two-hundred day simple moving average of $48.52. Avantis Emerging Markets Value ETF has a 1-year low of $44.44 and a 1-year high of $53.12.

Avantis Emerging Markets Value ETF 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.