Mayflower Financial Advisors LLC Purchases 10,930 Shares of Avantis Emerging Markets Equity ETF $AVEM

Mayflower Financial Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 21.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 61,074 shares of the company’s stock after buying an additional 10,930 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,921,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in AVEM. AQR Capital Management LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 13.2% in the first quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after acquiring an additional 2,596 shares in the last quarter. M&T Bank Corp bought a new position in Avantis Emerging Markets Equity ETF in the 2nd quarter worth $287,000. Diversify Advisory Services LLC bought a new position in Avantis Emerging Markets Equity ETF in the 2nd quarter worth $478,000. Diversify Wealth Management LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 20.3% in the 2nd 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 period. Finally, Quantinno Capital Management LP lifted its position in shares of 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 purchasing an additional 6,271 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $95.10 on Tuesday. Avantis Emerging Markets Equity ETF has a 1 year low of $68.03 and a 1 year high of $100.83. The stock has a market capitalization of $24.80 billion, a P/E ratio of 12.66 and a beta of 0.73. The company’s 50-day moving average is $94.00 and its 200 day moving average is $86.25.

Avantis Emerging Markets Equity ETF Company 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.