Werba Rubin Papier Wealth Management Makes New $502,000 Investment in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Werba Rubin Papier Wealth Management purchased a new stake in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 9,619 shares of the company’s stock, valued at approximately $502,000.

Other institutional investors have also recently made changes to their positions in the company. Fortress Wealth Management Inc. purchased a new position in Avantis Emerging Markets Value ETF during the third quarter valued at $3,308,000. Lam Group Inc. raised its stake in shares of Avantis Emerging Markets Value ETF by 54.7% in the third quarter. Lam Group Inc. now owns 17,255 shares of the company’s stock worth $900,000 after buying an additional 6,100 shares during the period. Good Life Advisors LLC lifted its position 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 valued at $508,000 after buying an additional 771 shares in the last quarter. Gibson Capital LLC bought a new position in shares of Avantis Emerging Markets Value ETF during the 3rd quarter valued at approximately $242,000. Finally, Versant Capital Management Inc increased its holdings in Avantis Emerging Markets Value ETF by 6.7% in the 3rd quarter. Versant Capital Management Inc now owns 11,370 shares of the company’s stock worth $593,000 after acquiring an additional 718 shares in the last quarter.

Avantis Emerging Markets Value ETF Trading Up 1.2 %

NYSEARCA AVES opened at $51.40 on Friday. Avantis Emerging Markets Value ETF has a 12 month low of $41.50 and a 12 month high of $53.12. The stock has a market cap of $487.27 million, a price-to-earnings ratio of 8.07 and a beta of 0.79. The company’s 50 day moving average is $50.11 and its two-hundred day moving average is $49.19.

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.