MB Generational Wealth LLC Trims Holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

MB Generational Wealth LLC reduced its position in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 0.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,877 shares of the company’s stock after selling 516 shares during the period. Avantis Emerging Markets Value ETF comprises 3.2% of MB Generational Wealth LLC’s investment portfolio, making the stock its 8th largest holding. MB Generational Wealth LLC’s holdings in Avantis Emerging Markets Value ETF were worth $4,478,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AVES. Capital Performance Advisors LLP bought a new stake in Avantis Emerging Markets Value ETF in the third quarter valued at approximately $38,000. Guidance Capital Inc. bought a new stake in Avantis Emerging Markets Value ETF in the second quarter valued at approximately $234,000. Gibson Capital LLC bought a new stake in Avantis Emerging Markets Value ETF in the third quarter valued at approximately $242,000. Werba Rubin Papier Wealth Management bought a new stake in Avantis Emerging Markets Value ETF in the third quarter valued at approximately $502,000. Finally, Good Life Advisors LLC boosted its holdings in shares of Avantis Emerging Markets Value ETF by 8.6% during the 3rd quarter. Good Life Advisors LLC now owns 9,749 shares of the company’s stock worth $508,000 after buying an additional 771 shares in the last quarter.

Avantis Emerging Markets Value ETF Stock Performance

Avantis Emerging Markets Value ETF stock opened at $48.11 on Monday. The stock has a market capitalization of $456.08 million, a price-to-earnings ratio of 8.07 and a beta of 0.79. Avantis Emerging Markets Value ETF has a 52-week low of $43.18 and a 52-week high of $53.12. The stock’s 50 day moving average price is $50.48 and its two-hundred day moving average price is $49.56.

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.