TFB Advisors LLC Has $568,000 Stock Holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

TFB Advisors LLC boosted its position in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 19.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,888 shares of the company’s stock after purchasing an additional 1,800 shares during the period. TFB Advisors LLC owned about 0.11% of Avantis Emerging Markets Value ETF worth $568,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. raised its holdings in shares of Avantis Emerging Markets Value ETF by 15.4% in the second quarter. American Century Companies Inc. now owns 529,219 shares of the company’s stock valued at $25,799,000 after buying an additional 70,728 shares during the last quarter. Fortress Wealth Management Inc. acquired a new position in shares of Avantis Emerging Markets Value ETF during the third quarter worth approximately $3,308,000. Private Advisor Group LLC grew its stake in shares of Avantis Emerging Markets Value ETF by 67.8% during the third quarter. Private Advisor Group LLC now owns 101,990 shares of the company’s stock valued at $5,318,000 after purchasing an additional 41,215 shares during the last quarter. Symmetry Partners LLC acquired a new stake in shares of Avantis Emerging Markets Value ETF in the third quarter valued at approximately $1,687,000. Finally, Merriman Wealth Management LLC increased its holdings in shares of Avantis Emerging Markets Value ETF by 3.3% in the second quarter. Merriman Wealth Management LLC now owns 759,893 shares of the company’s stock valued at $37,045,000 after purchasing an additional 24,117 shares in the last quarter.

Avantis Emerging Markets Value ETF Stock Performance

NYSEARCA:AVES opened at $51.40 on Friday. The stock’s fifty day moving average price is $50.50 and its two-hundred day moving average price is $49.48. The company has a market cap of $487.27 million, a price-to-earnings ratio of 8.07 and a beta of 0.79. Avantis Emerging Markets Value ETF has a 52-week low of $43.08 and a 52-week high of $53.12.

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.