Cornerstone Wealth Partners LLC Makes New Investment in Avantis Emerging Markets Value ETF $AVES

Cornerstone Wealth Partners LLC bought a new position in Avantis Emerging Markets Value ETF (NYSEARCA:AVES – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 102,213 shares of the company’s stock, valued at approximately $5,960,000. Avantis Emerging Markets Value ETF makes up approximately 4.1% of Cornerstone Wealth Partners LLC’s investment portfolio, making the stock its 7th largest holding. Cornerstone Wealth Partners LLC owned about 0.56% of Avantis Emerging Markets Value ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in shares of Avantis Emerging Markets Value ETF by 3.6% in the third quarter. Envestnet Asset Management Inc. now owns 228,813 shares of the company’s stock worth $13,127,000 after acquiring an additional 7,982 shares during the period. HighTower Advisors LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 23.3% in the third quarter. HighTower Advisors LLC now owns 246,896 shares of the company’s stock worth $14,164,000 after acquiring an additional 46,634 shares during the period. Austin Wealth Management LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 9.1% in the fourth quarter. Austin Wealth Management LLC now owns 206,384 shares of the company’s stock worth $12,292,000 after acquiring an additional 17,170 shares during the period. Focus Partners Advisor Solutions LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 66.8% in the third quarter. Focus Partners Advisor Solutions LLC now owns 415,994 shares of the company’s stock worth $24,308,000 after acquiring an additional 166,545 shares during the period. Finally, Accredited Wealth Management LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 359.7% in the third quarter. Accredited Wealth Management LLC now owns 39,462 shares of the company’s stock worth $2,264,000 after acquiring an additional 30,877 shares during the period.

Avantis Emerging Markets Value ETF Price Performance

Shares of AVES opened at $68.16 on Wednesday. Avantis Emerging Markets Value ETF has a one year low of $52.08 and a one year high of $69.06. The firm has a market capitalization of $1.47 billion, a P/E ratio of 10.65 and a beta of 0.69. The business has a fifty day moving average of $65.68 and a 200 day moving average of $62.60.

Avantis Emerging Markets Value ETF Company Profile

(Free Report)

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.

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