Higgins & Schmidt Wealth Strategies LLC Has $11.93 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Higgins & Schmidt Wealth Strategies LLC lifted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 148,030 shares of the company’s stock after acquiring an additional 5,827 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 5.4% of Higgins & Schmidt Wealth Strategies LLC’s portfolio, making the stock its 5th largest position. Higgins & Schmidt Wealth Strategies LLC owned about 0.06% of Avantis Emerging Markets Equity ETF worth $11,928,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. AQR Capital Management LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 13.2% during the first quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after purchasing an additional 2,596 shares during the last quarter. M&T Bank Corp purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the second quarter valued at $287,000. Diversify Advisory Services LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the second quarter worth about $478,000. Diversify Wealth Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 20.3% in the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock worth $946,000 after purchasing an additional 2,244 shares during the last quarter. Finally, Quantinno Capital Management LP increased its stake in Avantis Emerging Markets Equity ETF by 74.1% in the 2nd quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock worth $1,010,000 after buying an additional 6,271 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $94.78 on Thursday. Avantis Emerging Markets Equity ETF has a 1-year low of $67.75 and a 1-year high of $100.83. The company has a 50-day moving average of $93.58 and a 200 day moving average of $85.87. The firm has a market capitalization of $24.72 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

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.