Balboa Wealth Partners Sells 516 Shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Balboa Wealth Partners cut its holdings in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,493 shares of the company’s stock after selling 516 shares during the period. Balboa Wealth Partners owned approximately 0.09% of Avantis Emerging Markets Value ETF worth $253,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Paragon Advisors LLC raised its stake in shares of Avantis Emerging Markets Value ETF by 3.5% in the 3rd quarter. Paragon Advisors LLC now owns 65,022 shares of the company’s stock valued at $2,824,000 after purchasing an additional 2,218 shares during the period. Apeiron RIA LLC raised its stake in shares of Avantis Emerging Markets Value ETF by 8.4% in the 4th quarter. Apeiron RIA LLC now owns 57,745 shares of the company’s stock valued at $2,655,000 after purchasing an additional 4,467 shares during the period. Lam Group Inc. raised its stake in shares of Avantis Emerging Markets Value ETF by 32.0% in the 4th quarter. Lam Group Inc. now owns 4,845 shares of the company’s stock valued at $223,000 after purchasing an additional 1,175 shares during the period. Armbruster Capital Management Inc. raised its stake in shares of Avantis Emerging Markets Value ETF by 8.0% in the 4th quarter. Armbruster Capital Management Inc. now owns 284,575 shares of the company’s stock valued at $13,082,000 after purchasing an additional 21,150 shares during the period. Finally, Good Life Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Value ETF in the fourth quarter valued at about $223,000.

Avantis Emerging Markets Value ETF Stock Down 0.7 %

Shares of NYSEARCA:AVES traded down $0.36 during midday trading on Thursday, reaching $49.70. The company had a trading volume of 3,936 shares, compared to its average volume of 56,318. The business’s 50 day moving average price is $48.08 and its 200 day moving average price is $46.31. The stock has a market cap of $471.16 million, a PE ratio of 8.07 and a beta of 0.79. Avantis Emerging Markets Value ETF has a 1-year low of $41.50 and a 1-year high of $50.69.

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.