Empowered Funds LLC Has $37.46 Million Stock Position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Empowered Funds LLC grew its stake in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 2.1% in the third quarter, Holdings Channel reports. The institutional investor owned 718,536 shares of the company’s stock after purchasing an additional 14,454 shares during the period. Avantis Emerging Markets Value ETF accounts for approximately 0.6% of Empowered Funds LLC’s holdings, making the stock its 16th biggest position. Empowered Funds LLC owned about 0.08% of Avantis Emerging Markets Value ETF worth $37,464,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Merriman Wealth Management LLC increased its holdings in shares of Avantis Emerging Markets Value ETF by 3.3% in the second quarter. Merriman Wealth Management LLC now owns 759,893 shares of the company’s stock valued at $37,045,000 after purchasing an additional 24,117 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Avantis Emerging Markets Value ETF by 15.4% during the second quarter. American Century Companies Inc. now owns 529,219 shares of the company’s stock worth $25,799,000 after buying an additional 70,728 shares during the last quarter. Armbruster Capital Management Inc. lifted its holdings in Avantis Emerging Markets Value ETF by 3.0% in the second quarter. Armbruster Capital Management Inc. now owns 301,726 shares of the company’s stock valued at $14,709,000 after buying an additional 8,725 shares during the period. Meredith Wealth Planning boosted its position in shares of Avantis Emerging Markets Value ETF by 1.4% in the 2nd quarter. Meredith Wealth Planning now owns 213,202 shares of the company’s stock worth $10,394,000 after purchasing an additional 2,844 shares during the last quarter. Finally, BSW Wealth Partners grew its position in shares of Avantis Emerging Markets Value ETF by 4.0% during the 3rd quarter. BSW Wealth Partners now owns 184,663 shares of the company’s stock worth $9,628,000 after buying an additional 7,154 shares during the period.

Avantis Emerging Markets Value ETF Stock Performance

AVES opened at $48.24 on Friday. Avantis Emerging Markets Value ETF has a twelve month low of $43.18 and a twelve month high of $53.12. The firm has a market cap of $457.32 million, a PE ratio of 8.07 and a beta of 0.79. The firm’s fifty day moving average is $50.50 and its two-hundred day moving average is $49.55.

Avantis Emerging Markets Value ETF Company 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.