OneDigital Investment Advisors LLC Cuts Stock Holdings in Avantis Emerging Markets Value ETF $AVES

OneDigital Investment Advisors LLC lowered its holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 16.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 45,675 shares of the company’s stock after selling 8,839 shares during the quarter. OneDigital Investment Advisors LLC owned approximately 0.32% of Avantis Emerging Markets Value ETF worth $2,620,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AVES. AQR Capital Management LLC raised its stake in Avantis Emerging Markets Value ETF by 36.4% in the first quarter. AQR Capital Management LLC now owns 17,265 shares of the company’s stock worth $814,000 after buying an additional 4,605 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Avantis Emerging Markets Value ETF by 7.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 220,831 shares of the company’s stock worth $11,824,000 after purchasing an additional 15,024 shares in the last quarter. Cloud Capital Management LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 21.3% during the second quarter. Cloud Capital Management LLC now owns 7,237 shares of the company’s stock valued at $391,000 after buying an additional 1,273 shares during the last quarter. Entrewealth LLC increased its holdings in shares of Avantis Emerging Markets Value ETF by 33.9% in the second quarter. Entrewealth LLC now owns 37,279 shares of the company’s stock valued at $1,996,000 after purchasing an additional 9,443 shares during the period. Finally, True Wealth Design LLC lifted its holdings in shares of Avantis Emerging Markets Value ETF by 566.1% during the second quarter. True Wealth Design LLC now owns 18,990 shares of the company’s stock worth $1,017,000 after purchasing an additional 16,139 shares during the period.

Avantis Emerging Markets Value ETF Stock Up 0.9%

Shares of NYSEARCA AVES opened at $66.25 on Wednesday. Avantis Emerging Markets Value ETF has a 52 week low of $41.68 and a 52 week high of $66.43. The business’s 50 day moving average price is $61.52 and its 200 day moving average price is $58.77. The firm has a market cap of $1.20 billion, a P/E ratio of 10.65 and a beta of 0.66.

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.