Fidelity D & D Bancorp Inc. Acquires 26,744 Shares of Avantis Emerging Markets Value ETF $AVES

Fidelity D & D Bancorp Inc. increased its stake in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 16.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 184,571 shares of the company’s stock after acquiring an additional 26,744 shares during the quarter. Avantis Emerging Markets Value ETF comprises approximately 4.4% of Fidelity D & D Bancorp Inc.’s holdings, making the stock its 5th largest holding. Fidelity D & D Bancorp Inc. owned 0.85% of Avantis Emerging Markets Value ETF worth $11,071,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Comerica Bank bought a new position in Avantis Emerging Markets Value ETF during the fourth quarter worth about $41,000. Royal Bank of Canada acquired a new stake in Avantis Emerging Markets Value ETF during the fourth quarter valued at approximately $136,000. US Bancorp DE bought a new stake in shares of Avantis Emerging Markets Value ETF in the 3rd quarter valued at approximately $153,000. Private Trust Co. NA grew its stake in shares of Avantis Emerging Markets Value ETF by 50.9% in the 4th quarter. Private Trust Co. NA now owns 2,934 shares of the company’s stock valued at $171,000 after purchasing an additional 990 shares during the period. Finally, Bank of Montreal Can raised its holdings in shares of Avantis Emerging Markets Value ETF by 34.7% in the 4th quarter. Bank of Montreal Can now owns 2,962 shares of the company’s stock worth $173,000 after buying an additional 763 shares in the last quarter.

Avantis Emerging Markets Value ETF Stock Performance

Shares of NYSEARCA AVES opened at $64.77 on Friday. The stock has a market cap of $1.46 billion, a PE ratio of 10.65 and a beta of 0.70. The business has a fifty day moving average of $66.26 and a two-hundred day moving average of $63.52. Avantis Emerging Markets Value ETF has a 52-week low of $53.43 and a 52-week high of $69.06.

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.