Jacobi Capital Management LLC Has $547,000 Stock Position in Avantis Emerging Markets Value ETF $AVES

Jacobi Capital Management LLC increased its stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 18.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,605 shares of the company’s stock after acquiring an additional 1,811 shares during the quarter. Jacobi Capital Management LLC owned about 0.09% of Avantis Emerging Markets Value ETF worth $547,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Kings Path Partners LLC increased its holdings in Avantis Emerging Markets Value ETF by 84.1% in the first quarter. Kings Path Partners LLC now owns 624 shares of the company’s stock worth $29,000 after purchasing an additional 285 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Avantis Emerging Markets Value ETF by 77.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,720 shares of the company’s stock worth $128,000 after purchasing an additional 1,191 shares in the last quarter. Betterment LLC bought a new stake in Avantis Emerging Markets Value ETF in the first quarter worth approximately $235,000. Farther Finance Advisors LLC increased its holdings in Avantis Emerging Markets Value ETF by 45.2% in the first quarter. Farther Finance Advisors LLC now owns 5,392 shares of the company’s stock worth $256,000 after purchasing an additional 1,679 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC bought a new stake in Avantis Emerging Markets Value ETF in the first quarter worth approximately $267,000.

Avantis Emerging Markets Value ETF Stock Performance

Shares of AVES stock opened at $57.38 on Friday. The company has a market cap of $798.73 million, a P/E ratio of 10.65 and a beta of 0.66. The stock has a 50 day simple moving average of $55.25 and a two-hundred day simple moving average of $51.24. Avantis Emerging Markets Value ETF has a fifty-two week low of $41.68 and a fifty-two week high of $57.56.

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.