Cresset Asset Management LLC Sells 26,777 Shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Cresset Asset Management LLC cut its position in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 81.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,217 shares of the company’s stock after selling 26,777 shares during the quarter. Cresset Asset Management LLC owned approximately 0.07% of Avantis Emerging Markets Value ETF worth $287,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in Avantis Emerging Markets Value ETF by 20.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 171,236 shares of the company’s stock worth $7,911,000 after acquiring an additional 29,167 shares during the last quarter. Jones Financial Companies Lllp grew its position in Avantis Emerging Markets Value ETF by 23.6% during the 4th quarter. Jones Financial Companies Lllp now owns 11,824 shares of the company’s stock worth $546,000 after acquiring an additional 2,258 shares during the last quarter. LPL Financial LLC grew its position in Avantis Emerging Markets Value ETF by 21.7% during the 4th quarter. LPL Financial LLC now owns 39,963 shares of the company’s stock worth $1,846,000 after acquiring an additional 7,120 shares during the last quarter. Commonwealth Equity Services LLC grew its position in Avantis Emerging Markets Value ETF by 6.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 18,491 shares of the company’s stock worth $854,000 after acquiring an additional 1,097 shares during the last quarter. Finally, Jacobi Capital Management LLC grew its position in Avantis Emerging Markets Value ETF by 24.1% during the 4th quarter. Jacobi Capital Management LLC now owns 9,794 shares of the company’s stock worth $452,000 after acquiring an additional 1,900 shares during the last quarter.

Avantis Emerging Markets Value ETF Price Performance

AVES opened at $50.52 on Friday. The stock’s 50 day simple moving average is $47.27 and its 200 day simple moving average is $47.44. Avantis Emerging Markets Value ETF has a 1 year low of $41.68 and a 1 year high of $53.12. The firm has a market cap of $662.82 million, a price-to-earnings ratio of 10.21 and a beta of 0.64.

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.