Enzi Wealth Purchases 11,397 Shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Enzi Wealth lifted its position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 15.3% in the second quarter, HoldingsChannel.com reports. The firm owned 86,026 shares of the company’s stock after purchasing an additional 11,397 shares during the quarter. Avantis Emerging Markets Value ETF comprises about 1.9% of Enzi Wealth’s investment portfolio, making the stock its 14th biggest holding. Enzi Wealth’s holdings in Avantis Emerging Markets Value ETF were worth $4,289,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AVES. Armbruster Capital Management Inc. raised its holdings in Avantis Emerging Markets Value ETF by 8.0% during the fourth quarter. Armbruster Capital Management Inc. now owns 284,575 shares of the company’s stock valued at $13,082,000 after acquiring an additional 21,150 shares during the period. Red Lighthouse Investment Management LLC lifted its holdings in Avantis Emerging Markets Value ETF by 2.6% in the 4th quarter. Red Lighthouse Investment Management LLC now owns 212,507 shares of the company’s stock worth $9,769,000 after purchasing an additional 5,329 shares in the last quarter. Meredith Wealth Planning lifted its holdings in Avantis Emerging Markets Value ETF by 3.4% in the 1st quarter. Meredith Wealth Planning now owns 210,358 shares of the company’s stock worth $9,969,000 after purchasing an additional 6,963 shares in the last quarter. BSW Wealth Partners boosted its stake in Avantis Emerging Markets Value ETF by 2,135.4% in the 1st quarter. BSW Wealth Partners now owns 121,496 shares of the company’s stock worth $5,758,000 after purchasing an additional 116,061 shares during the period. Finally, Perigon Wealth Management LLC purchased a new stake in Avantis Emerging Markets Value ETF during the 1st quarter valued at approximately $4,786,000.

Avantis Emerging Markets Value ETF Price Performance

Shares of AVES stock traded down $0.27 during mid-day trading on Tuesday, hitting $49.46. The company had a trading volume of 21,233 shares, compared to its average volume of 47,600. The stock’s 50 day moving average price is $48.80 and its 200-day moving average price is $48.14. Avantis Emerging Markets Value ETF has a 52-week low of $41.50 and a 52-week high of $50.69. The company has a market capitalization of $468.88 million, a P/E ratio of 8.07 and a beta of 0.79.

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.