Merriman Wealth Management LLC Buys 24,117 Shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Merriman Wealth Management LLC raised its stake in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 3.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 759,893 shares of the company’s stock after acquiring an additional 24,117 shares during the period. Avantis Emerging Markets Value ETF comprises approximately 1.6% of Merriman Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. Merriman Wealth Management LLC owned 8.02% of Avantis Emerging Markets Value ETF worth $37,045,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. American Century Companies Inc. lifted its stake in Avantis Emerging Markets Value ETF by 15.4% during the 2nd quarter. American Century Companies Inc. now owns 529,219 shares of the company’s stock valued at $25,799,000 after acquiring an additional 70,728 shares in the last quarter. Armbruster Capital Management Inc. increased its position in shares of Avantis Emerging Markets Value ETF by 3.0% during the 2nd quarter. Armbruster Capital Management Inc. now owns 301,726 shares of the company’s stock valued at $14,709,000 after purchasing an additional 8,725 shares during the last quarter. Meredith Wealth Planning increased its position in shares of Avantis Emerging Markets Value ETF by 1.4% during the 2nd quarter. Meredith Wealth Planning now owns 213,202 shares of the company’s stock valued at $10,394,000 after purchasing an additional 2,844 shares during the last quarter. Allegiance Financial Group Advisory Services LLC increased its position in shares of Avantis Emerging Markets Value ETF by 11.7% during the 2nd quarter. Allegiance Financial Group Advisory Services LLC now owns 107,209 shares of the company’s stock valued at $5,226,000 after purchasing an additional 11,248 shares during the last quarter. Finally, Perigon Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Value ETF during the 1st quarter valued at $4,786,000.

Avantis Emerging Markets Value ETF Price Performance

Shares of Avantis Emerging Markets Value ETF stock opened at $49.64 on Friday. Avantis Emerging Markets Value ETF has a 1 year low of $41.50 and a 1 year high of $50.69. The firm has a market cap of $470.59 million, a PE ratio of 8.07 and a beta of 0.79. The stock has a fifty day moving average price of $48.71 and a 200-day moving average price of $48.57.

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.