Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 78.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,752 shares of the company’s stock after purchasing an additional 6,467 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,136,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Investmark Advisory Group LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 1.8% in the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock valued at $517,000 after purchasing an additional 121 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 0.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock valued at $3,370,000 after purchasing an additional 130 shares in the last quarter. Hardin Capital Partners LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 1.0% in the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock valued at $1,056,000 after purchasing an additional 135 shares in the last quarter. J.W. Cole Advisors Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 2.2% in the third quarter. J.W. Cole Advisors Inc. now owns 6,516 shares of the company’s stock valued at $489,000 after purchasing an additional 139 shares in the last quarter. Finally, BLVD Private Wealth LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 0.6% in the fourth quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock valued at $1,716,000 after purchasing an additional 140 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.2%

Shares of AVEM opened at $90.38 on Tuesday. Avantis Emerging Markets Equity ETF has a 52-week low of $61.57 and a 52-week high of $91.43. The stock has a 50 day moving average price of $84.65 and a 200 day moving average price of $81.08. The company has a market capitalization of $23.57 billion, a price-to-earnings ratio of 12.66 and a beta of 0.72.

Avantis Emerging Markets Equity ETF Profile

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.