Creative Planning Cuts Stock Holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Creative Planning lessened its holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,935 shares of the company’s stock after selling 1,526 shares during the quarter. Creative Planning owned 0.59% of Avantis Emerging Markets Value ETF worth $2,727,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AVES. Merriman Wealth Management LLC lifted its holdings in shares of Avantis Emerging Markets Value ETF by 3.3% in the 2nd quarter. Merriman Wealth Management LLC now owns 759,893 shares of the company’s stock valued at $37,045,000 after buying an additional 24,117 shares during the period. American Century Companies Inc. boosted its position in shares of 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 worth $25,799,000 after purchasing an additional 70,728 shares in the last quarter. Armbruster Capital Management Inc. grew its stake 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 worth $14,709,000 after purchasing an additional 8,725 shares during the period. Meredith Wealth Planning increased its holdings in shares of Avantis Emerging Markets Value ETF by 1.4% in 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 in the last quarter. Finally, Allegiance Financial Group Advisory Services LLC lifted its stake in shares of Avantis Emerging Markets Value ETF by 11.7% in the second 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 period.

Avantis Emerging Markets Value ETF Trading Up 1.0 %

AVES stock opened at $52.64 on Friday. Avantis Emerging Markets Value ETF has a 52 week low of $41.50 and a 52 week high of $53.12. The company has a market cap of $499.03 million, a P/E ratio of 8.07 and a beta of 0.79. The company’s 50-day moving average price is $49.31 and its 200 day moving average price is $48.89.

Avantis Emerging Markets Value ETF Company 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.