Greenspring Advisors LLC Has $6.47 Million Holdings in Avantis Emerging Markets Equity ETF $AVEM

Greenspring Advisors LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 557.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 84,061 shares of the company’s stock after purchasing an additional 71,275 shares during the quarter. Greenspring Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $6,474,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Rothschild Investment LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 192.7% during the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after buying an additional 289 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth $36,000. Hantz Financial Services Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 49.5% during the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after buying an additional 183 shares during the period. Team Financial Group LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after buying an additional 361 shares during the period. Finally, Evolution Wealth Management Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 209.7% during the fourth quarter. Evolution Wealth Management Inc. now owns 703 shares of the company’s stock worth $54,000 after buying an additional 476 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 1.4%

AVEM opened at $98.20 on Thursday. Avantis Emerging Markets Equity ETF has a twelve month low of $65.66 and a twelve month high of $99.67. The company has a fifty day moving average of $89.36 and a 200-day moving average of $83.80. The stock has a market cap of $25.61 billion, a PE 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.