Fidelity D & D Bancorp Inc. Acquires 26,744 Shares of Avantis Emerging Markets Value ETF $AVES

Fidelity D & D Bancorp Inc. boosted its stake in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 16.9% during the first quarter, Holdings Channel.com reports. The fund owned 184,571 shares of the company’s stock after acquiring an additional 26,744 shares during the period. Avantis Emerging Markets Value ETF comprises 4.4% of Fidelity D & D Bancorp Inc.’s investment portfolio, making the stock its 5th largest position. Fidelity D & D Bancorp Inc.’s holdings in Avantis Emerging Markets Value ETF were worth $11,071,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Summit Portfolio Management LTD. acquired a new position in Avantis Emerging Markets Value ETF in the first quarter valued at about $6,538,000. Sage Rhino Capital LLC acquired a new position in shares of Avantis Emerging Markets Value ETF in the 1st quarter valued at approximately $201,000. Oceanside Advisors LLC lifted its holdings in shares of Avantis Emerging Markets Value ETF by 1.4% during the 1st quarter. Oceanside Advisors LLC now owns 93,490 shares of the company’s stock worth $5,608,000 after acquiring an additional 1,284 shares during the period. Powerhouse Assets LLC increased its stake in Avantis Emerging Markets Value ETF by 14.9% in the first quarter. Powerhouse Assets LLC now owns 5,411 shares of the company’s stock valued at $325,000 after acquiring an additional 701 shares during the last quarter. Finally, EJMK Ventures LLC increased its stake in Avantis Emerging Markets Value ETF by 108.5% in the first quarter. EJMK Ventures LLC now owns 66,619 shares of the company’s stock valued at $3,996,000 after acquiring an additional 34,671 shares during the last quarter.

Avantis Emerging Markets Value ETF Price Performance

Shares of AVES opened at $64.77 on Friday. The firm has a 50 day simple moving average of $66.26 and a two-hundred day simple moving average of $63.52. Avantis Emerging Markets Value ETF has a one year low of $53.43 and a one year high of $69.06. The company has a market cap of $1.46 billion, a P/E ratio of 10.65 and a beta of 0.70.

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.