MCF Advisors LLC Buys New Holdings in Avantis Emerging Markets Value ETF $AVES

MCF Advisors LLC bought a new stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 9,346 shares of the company’s stock, valued at approximately $545,000. MCF Advisors LLC owned about 0.05% of Avantis Emerging Markets Value ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Comerica Bank acquired a new position in Avantis Emerging Markets Value ETF in the fourth quarter valued at $41,000. US Bancorp DE acquired a new position in Avantis Emerging Markets Value ETF in the third quarter valued at $153,000. Private Trust Co. NA boosted its holdings in Avantis Emerging Markets Value ETF by 50.9% in the fourth quarter. Private Trust Co. NA now owns 2,934 shares of the company’s stock valued at $171,000 after acquiring an additional 990 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Avantis Emerging Markets Value ETF by 34.1% in the third quarter. PNC Financial Services Group Inc. now owns 3,303 shares of the company’s stock valued at $190,000 after acquiring an additional 839 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new position in Avantis Emerging Markets Value ETF in the third quarter valued at $203,000.

Avantis Emerging Markets Value ETF Trading Down 4.9%

Shares of Avantis Emerging Markets Value ETF stock opened at $64.47 on Friday. Avantis Emerging Markets Value ETF has a twelve month low of $52.08 and a twelve month high of $69.06. The stock has a market capitalization of $1.39 billion, a P/E ratio of 10.65 and a beta of 0.69. The business’s fifty day moving average price is $64.73 and its 200 day moving average price is $62.13.

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.