HB Wealth Management LLC Raises Holdings in Avantis Emerging Markets Equity ETF $AVEM

HB Wealth Management LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 1,060,539 shares of the company’s stock after acquiring an additional 18,197 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 0.6% of HB Wealth Management LLC’s portfolio, making the stock its 28th biggest position. HB Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $85,458,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. IFP Advisors Inc raised its holdings in shares of Avantis Emerging Markets Equity ETF by 0.4% in the fourth quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock valued at $2,190,000 after acquiring an additional 120 shares in the last quarter. Investmark Advisory Group LLC lifted its stake 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 worth $517,000 after acquiring an additional 121 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in Avantis Emerging Markets Equity ETF by 0.3% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock worth $3,370,000 after acquiring an additional 130 shares in the last quarter. Hardin Capital Partners LLC grew its holdings in Avantis Emerging Markets Equity ETF by 1.0% during the 4th quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock worth $1,056,000 after acquiring an additional 135 shares in the last quarter. Finally, BLVD Private Wealth LLC increased its position in Avantis Emerging Markets Equity ETF by 0.6% during the 4th 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 during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $92.44 on Friday. Avantis Emerging Markets Equity ETF has a one year low of $68.15 and a one year high of $100.83. The company has a market capitalization of $25.11 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The company’s 50-day simple moving average is $94.36 and its two-hundred day simple moving average is $86.65.

About Avantis Emerging Markets Equity ETF

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.