Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Wealth Alliance LLC

Wealth Alliance LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 105.3% in the 1st quarter, Holdings Channel reports. The fund owned 48,781 shares of the company’s stock after acquiring an additional 25,017 shares during the quarter. Wealth Alliance LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,931,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 0.4% during the 4th quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock worth $2,190,000 after purchasing an additional 120 shares during the last quarter. Investmark Advisory Group LLC increased its holdings in shares of 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 valued at $517,000 after purchasing an additional 121 shares during the last quarter. BLVD Private Wealth LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 0.6% in the fourth 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 last quarter. CIBC Private Wealth Group LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 11.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,356 shares of the company’s stock valued at $104,000 after purchasing an additional 140 shares during the last quarter. Finally, Pathstone Holdings LLC lifted its position in Avantis Emerging Markets Equity ETF by 0.7% during the third quarter. Pathstone Holdings LLC now owns 22,116 shares of the company’s stock worth $1,661,000 after buying an additional 144 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $89.29 on Friday. The stock’s fifty day moving average is $94.26 and its two-hundred day moving average is $88.25. The firm has a market capitalization of $25.08 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.27 and a fifty-two week 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.