Cypress Point Wealth Management LLC Raises Holdings in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Cypress Point Wealth Management LLC grew its holdings in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,976 shares of the company’s stock after purchasing an additional 1,952 shares during the quarter. Cypress Point Wealth Management LLC owned approximately 0.31% of Avantis Emerging Markets Value ETF worth $1,339,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Empowered Funds LLC lifted its stake in Avantis Emerging Markets Value ETF by 2.1% in the 3rd quarter. Empowered Funds LLC now owns 718,536 shares of the company’s stock worth $37,464,000 after purchasing an additional 14,454 shares in the last quarter. Pathstone Holdings LLC increased its stake in shares of Avantis Emerging Markets Value ETF by 19.5% in the 3rd quarter. Pathstone Holdings LLC now owns 220,514 shares of the company’s stock worth $11,497,000 after acquiring an additional 36,006 shares during the last quarter. BSW Wealth Partners raised its holdings in shares of Avantis Emerging Markets Value ETF by 4.0% during the 3rd quarter. BSW Wealth Partners now owns 184,663 shares of the company’s stock worth $9,628,000 after acquiring an additional 7,154 shares during the period. Apeiron RIA LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 39.2% in the fourth quarter. Apeiron RIA LLC now owns 115,621 shares of the company’s stock valued at $5,342,000 after purchasing an additional 32,549 shares during the period. Finally, Private Advisor Group LLC raised its stake in Avantis Emerging Markets Value ETF by 67.8% during the third quarter. Private Advisor Group LLC now owns 101,990 shares of the company’s stock worth $5,318,000 after purchasing an additional 41,215 shares during the period.

Avantis Emerging Markets Value ETF Stock Performance

AVES stock opened at $46.46 on Friday. The firm’s 50 day moving average price is $47.43 and its 200-day moving average price is $48.90. The firm has a market cap of $440.44 million, a PE ratio of 8.07 and a beta of 0.79. Avantis Emerging Markets Value ETF has a one year low of $44.43 and a one year high of $53.12.

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.