Financial Architects LLC Takes $252,000 Position in Avantis Emerging Markets Value ETF $AVES

Financial Architects LLC acquired a new stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,710 shares of the company’s stock, valued at approximately $252,000. Avantis Emerging Markets Value ETF makes up about 0.2% of Financial Architects LLC’s portfolio, making the stock its 26th largest holding.

Other hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Avantis Emerging Markets Value ETF by 77.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,720 shares of the company’s stock valued at $128,000 after acquiring an additional 1,191 shares in the last quarter. Physician Wealth Solutions Inc. acquired a new stake in shares of Avantis Emerging Markets Value ETF in the second quarter valued at $233,000. Betterment LLC acquired a new stake in shares of Avantis Emerging Markets Value ETF in the first quarter valued at $235,000. Farther Finance Advisors LLC raised its stake in shares of Avantis Emerging Markets Value ETF by 45.2% in the first quarter. Farther Finance Advisors LLC now owns 5,392 shares of the company’s stock valued at $256,000 after acquiring an additional 1,679 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Avantis Emerging Markets Value ETF in the first quarter valued at $267,000.

Avantis Emerging Markets Value ETF Trading Up 0.0%

Shares of NYSEARCA AVES opened at $57.49 on Friday. Avantis Emerging Markets Value ETF has a 12-month low of $41.68 and a 12-month high of $58.30. The stock has a market cap of $804.86 million, a P/E ratio of 10.65 and a beta of 0.66. The business’s fifty day simple moving average is $56.10 and its 200-day simple moving average is $52.28.

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.