NCM Capital Management LLC Buys 3,000 Shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

NCM Capital Management LLC increased its position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 23.0% during the 3rd quarter, Holdings Channel reports. The firm owned 16,044 shares of the company’s stock after acquiring an additional 3,000 shares during the quarter. NCM Capital Management LLC’s holdings in Avantis Emerging Markets Value ETF were worth $837,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AVES. Capital Performance Advisors LLP bought a new stake in shares of Avantis Emerging Markets Value ETF in the 3rd quarter valued at about $38,000. Gibson Capital LLC bought a new position in Avantis Emerging Markets Value ETF in the third quarter worth approximately $242,000. Guidance Capital Inc. purchased a new stake in Avantis Emerging Markets Value ETF during the second quarter worth $234,000. Werba Rubin Papier Wealth Management bought a new stake in Avantis Emerging Markets Value ETF during the 3rd quarter valued at $502,000. Finally, Good Life Advisors LLC boosted its position in Avantis Emerging Markets Value ETF by 8.6% during the 3rd quarter. Good Life Advisors LLC now owns 9,749 shares of the company’s stock valued at $508,000 after acquiring an additional 771 shares in the last quarter.

Avantis Emerging Markets Value ETF Trading Up 0.4 %

AVES opened at $49.07 on Friday. The firm has a market cap of $465.18 million, a price-to-earnings ratio of 8.07 and a beta of 0.79. Avantis Emerging Markets Value ETF has a 12 month low of $43.18 and a 12 month high of $53.12. The stock has a fifty day moving average price of $50.48 and a 200-day moving average price of $49.54.

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.