Jacobi Capital Management LLC Raises Stock Position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Jacobi Capital Management LLC boosted its holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 24.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,794 shares of the company’s stock after purchasing an additional 1,900 shares during the quarter. Jacobi Capital Management LLC’s holdings in Avantis Emerging Markets Value ETF were worth $452,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Empowered Funds LLC increased its stake in Avantis Emerging Markets Value ETF by 5.2% in the 4th quarter. Empowered Funds LLC now owns 755,782 shares of the company’s stock worth $34,917,000 after buying an additional 37,246 shares in the last quarter. Armbruster Capital Management Inc. increased its stake in Avantis Emerging Markets Value ETF by 2.7% in the 4th quarter. Armbruster Capital Management Inc. now owns 311,142 shares of the company’s stock worth $14,375,000 after buying an additional 8,161 shares in the last quarter. Meredith Wealth Planning increased its stake in Avantis Emerging Markets Value ETF by 5.5% in the 4th quarter. Meredith Wealth Planning now owns 229,444 shares of the company’s stock worth $10,600,000 after buying an additional 11,863 shares in the last quarter. Pathstone Holdings LLC increased its stake in Avantis Emerging Markets Value ETF by 19.5% in the 3rd quarter. Pathstone Holdings LLC now owns 220,514 shares of the company’s stock worth $11,497,000 after buying an additional 36,006 shares in the last quarter. Finally, BSW Wealth Partners boosted its holdings 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 valued at $9,628,000 after purchasing an additional 7,154 shares during the last quarter.

Avantis Emerging Markets Value ETF Stock Down 1.4 %

AVES opened at $46.18 on Monday. The firm has a 50-day simple moving average of $46.43 and a two-hundred day simple moving average of $48.60. Avantis Emerging Markets Value ETF has a 52 week low of $44.44 and a 52 week high of $53.12. The company has a market capitalization of $537.54 million, a PE ratio of 9.77 and a beta of 0.69.

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.