Sonoma Allocations LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) during the first quarter, HoldingsChannel.com reports. The fund acquired 22,430 shares of the company’s stock, valued at approximately $1,825,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Winch Advisory Services LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at about $26,000. Rothschild Investment LLC lifted its position in 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 acquiring an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $36,000. Hantz Financial Services Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 49.5% in the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after acquiring an additional 183 shares during the period. Finally, Motiv8 Investments LLC purchased a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $47,000.
Avantis Emerging Markets Equity ETF Stock Up 4.1%
Shares of NYSEARCA:AVEM opened at $89.42 on Friday. The company has a market capitalization of $25.45 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The company has a 50 day moving average of $93.96 and a two-hundred day moving average of $88.55. Avantis Emerging Markets Equity ETF has a 52-week low of $68.27 and a 52-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.
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Want to see what other hedge funds are holding AVEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report).
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