Simplicity Wealth LLC Buys 73,062 Shares of Avantis Emerging Markets Value ETF $AVES

Simplicity Wealth LLC increased its stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 113.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 137,640 shares of the company’s stock after purchasing an additional 73,062 shares during the quarter. Simplicity Wealth LLC’s holdings in Avantis Emerging Markets Value ETF were worth $7,370,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of AVES. Wedmont Private Capital increased its stake in shares of Avantis Emerging Markets Value ETF by 25.1% in the 1st quarter. Wedmont Private Capital now owns 42,885 shares of the company’s stock valued at $1,946,000 after acquiring an additional 8,613 shares in the last quarter. Greenspring Advisors LLC increased its stake in shares of Avantis Emerging Markets Value ETF by 3.1% in the 1st quarter. Greenspring Advisors LLC now owns 18,941 shares of the company’s stock valued at $893,000 after acquiring an additional 578 shares in the last quarter. Park Avenue Securities LLC bought a new stake in shares of Avantis Emerging Markets Value ETF in the 1st quarter valued at $2,324,000. Farther Finance Advisors LLC increased its stake in shares of Avantis Emerging Markets Value ETF by 45.2% in the 1st 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 bought a new stake in shares of Avantis Emerging Markets Value ETF in the 1st quarter valued at $267,000.

Avantis Emerging Markets Value ETF Trading Up 0.0%

Shares of AVES stock opened at $57.49 on Friday. The firm has a market capitalization of $804.86 million, a PE ratio of 10.65 and a beta of 0.66. The firm has a fifty day simple moving average of $56.10 and a two-hundred day simple moving average of $52.31. Avantis Emerging Markets Value ETF has a 12 month low of $41.68 and a 12 month high of $58.30.

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.