MB Generational Wealth LLC Increases Position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

MB Generational Wealth LLC increased its holdings in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 87,025 shares of the company’s stock after acquiring an additional 1,148 shares during the period. Avantis Emerging Markets Value ETF comprises about 2.9% of MB Generational Wealth LLC’s investment portfolio, making the stock its 8th biggest position. MB Generational Wealth LLC’s holdings in Avantis Emerging Markets Value ETF were worth $4,021,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in AVES. Versant Capital Management Inc boosted its holdings in shares of Avantis Emerging Markets Value ETF by 2.7% in the fourth quarter. Versant Capital Management Inc now owns 11,675 shares of the company’s stock valued at $539,000 after buying an additional 305 shares during the period. TFB Advisors LLC raised its position in Avantis Emerging Markets Value ETF by 3.7% during the fourth quarter. TFB Advisors LLC now owns 11,288 shares of the company’s stock worth $522,000 after acquiring an additional 400 shares in the last quarter. Werba Rubin Papier Wealth Management raised its position in shares of Avantis Emerging Markets Value ETF by 4.2% in the fourth quarter. Werba Rubin Papier Wealth Management now owns 10,026 shares of the company’s stock valued at $463,000 after purchasing an additional 407 shares during the period. Capital Performance Advisors LLP bought a new position in shares of Avantis Emerging Markets Value ETF in the third quarter valued at about $38,000. Finally, Capital Investment Advisory Services LLC raised its position in shares of Avantis Emerging Markets Value ETF by 5.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 14,892 shares of the company’s stock valued at $688,000 after purchasing an additional 758 shares during the period.

Avantis Emerging Markets Value ETF Stock Performance

AVES stock opened at $47.40 on Friday. The company has a market capitalization of $449.35 million, a PE ratio of 8.07 and a beta of 0.79. Avantis Emerging Markets Value ETF has a 52 week low of $44.44 and a 52 week high of $53.12. The company’s 50-day simple moving average is $46.45 and its 200 day simple moving average is $48.62.

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.