Austin Wealth Management LLC Grows Holdings in Avantis Emerging Markets Value ETF $AVES

Austin Wealth Management LLC increased its holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 5.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 189,214 shares of the company’s stock after acquiring an additional 10,199 shares during the period. Avantis Emerging Markets Value ETF comprises approximately 1.7% of Austin Wealth Management LLC’s portfolio, making the stock its 19th biggest holding. Austin Wealth Management LLC’s holdings in Avantis Emerging Markets Value ETF were worth $10,944,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Kiker Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Value ETF during the 2nd quarter valued at approximately $27,000. PNC Financial Services Group Inc. boosted its holdings in Avantis Emerging Markets Value ETF by 416.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,464 shares of the company’s stock valued at $132,000 after purchasing an additional 1,987 shares during the period. Apella Capital LLC bought a new position in Avantis Emerging Markets Value ETF in the 3rd quarter worth about $202,000. Evanson Asset Management LLC purchased a new stake in shares of Avantis Emerging Markets Value ETF in the 3rd quarter valued at about $204,000. Finally, Orcam Financial Group purchased a new stake in shares of Avantis Emerging Markets Value ETF in the 2nd quarter valued at about $212,000.

Avantis Emerging Markets Value ETF Price Performance

AVES stock opened at $63.49 on Friday. Avantis Emerging Markets Value ETF has a one year low of $41.68 and a one year high of $64.18. The firm has a 50 day simple moving average of $59.88 and a two-hundred day simple moving average of $57.87. The stock has a market cap of $1.15 billion, a PE ratio of 10.65 and a beta of 0.66.

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.