Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Shares Sold by Waverly Advisors LLC

Waverly Advisors LLC reduced its position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 5.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,276 shares of the company’s stock after selling 1,280 shares during the period. Waverly Advisors LLC’s holdings in Avantis Emerging Markets Value ETF were worth $1,008,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Northland Capital Management LLC lifted its stake in shares of Avantis Emerging Markets Value ETF by 0.6% in the 4th quarter. Northland Capital Management LLC now owns 45,672 shares of the company’s stock valued at $2,100,000 after purchasing an additional 287 shares in the last quarter. Private Trust Co. NA acquired a new position in shares of Avantis Emerging Markets Value ETF in the 4th quarter valued at about $32,000. Strategic Blueprint LLC lifted its stake in shares of Avantis Emerging Markets Value ETF by 2.2% in the 1st quarter. Strategic Blueprint LLC now owns 38,236 shares of the company’s stock valued at $1,812,000 after purchasing an additional 809 shares in the last quarter. Capital Investment Advisory Services LLC lifted its position in Avantis Emerging Markets Value ETF by 9.5% during the 1st quarter. Capital Investment Advisory Services LLC now owns 10,324 shares of the company’s stock worth $489,000 after acquiring an additional 892 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC acquired a new position in Avantis Emerging Markets Value ETF during the 4th quarter worth approximately $47,000.

Avantis Emerging Markets Value ETF Price Performance

Avantis Emerging Markets Value ETF stock traded down $0.18 during midday trading on Tuesday, hitting $48.30. 14,417 shares of the company were exchanged, compared to its average volume of 49,150. The company’s fifty day moving average price is $49.21 and its 200-day moving average price is $47.76. The company has a market cap of $457.88 million, a PE ratio of 8.07 and a beta of 0.79. Avantis Emerging Markets Value ETF has a fifty-two week low of $41.50 and a fifty-two week high of $50.69.

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.