Avantis Emerging Markets Equity ETF $AVEM is SOL Capital Management CO’s 7th Largest Position

SOL Capital Management CO boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 532.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 169,416 shares of the company’s stock after purchasing an additional 142,629 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 5.8% of SOL Capital Management CO’s portfolio, making the stock its 7th biggest position. SOL Capital Management CO owned about 0.07% of Avantis Emerging Markets Equity ETF worth $13,652,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AVEM. Rothschild Investment LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 192.7% during the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $36,000. Team Financial Group LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 49.5% in 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 last quarter. Finally, Motiv8 Investments LLC acquired a new position in Avantis Emerging Markets Equity ETF in the fourth quarter worth approximately $47,000.

Avantis Emerging Markets Equity ETF Trading Down 1.2%

Avantis Emerging Markets Equity ETF stock opened at $92.44 on Friday. The company has a market capitalization of $25.11 billion, a P/E ratio of 12.66 and a beta of 0.73. The firm’s fifty day simple moving average is $94.31 and its 200-day simple moving average is $86.61. Avantis Emerging Markets Equity ETF has a 1-year low of $68.15 and a 1-year high of $100.83.

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.