HighTower Advisors LLC Purchases 46,634 Shares of Avantis Emerging Markets Value ETF $AVES

HighTower Advisors LLC boosted its holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 23.3% during the third quarter, HoldingsChannel.com reports. The fund owned 246,896 shares of the company’s stock after purchasing an additional 46,634 shares during the period. HighTower Advisors LLC’s holdings in Avantis Emerging Markets Value ETF were worth $14,164,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. American Century Companies Inc. boosted its holdings in Avantis Emerging Markets Value ETF by 53.5% during the second quarter. American Century Companies Inc. now owns 1,468,649 shares of the company’s stock valued at $78,639,000 after purchasing an additional 511,891 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Avantis Emerging Markets Value ETF by 497.1% in the 2nd quarter. Jane Street Group LLC now owns 301,100 shares of the company’s stock worth $16,122,000 after buying an additional 250,674 shares in the last quarter. Focus Partners Advisor Solutions LLC lifted its position in shares of Avantis Emerging Markets Value ETF by 150.5% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 249,449 shares of the company’s stock worth $13,357,000 after buying an additional 149,869 shares during the period. AlphaCore Capital LLC boosted its stake in Avantis Emerging Markets Value ETF by 381.0% in the 2nd quarter. AlphaCore Capital LLC now owns 103,790 shares of the company’s stock valued at $5,557,000 after buying an additional 82,212 shares in the last quarter. Finally, MB Generational Wealth LLC acquired a new stake in Avantis Emerging Markets Value ETF in the 3rd quarter valued at $3,793,000.

Avantis Emerging Markets Value ETF Price Performance

Avantis Emerging Markets Value ETF stock opened at $66.13 on Friday. The stock has a fifty day moving average price of $61.18 and a two-hundred day moving average price of $58.56. Avantis Emerging Markets Value ETF has a 52-week low of $41.68 and a 52-week high of $66.21. The firm has a market capitalization of $1.20 billion, a P/E ratio of 10.65 and a beta of 0.66.

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.