Redwood Investment Management LLC Purchases 13,796 Shares of Avantis Emerging Markets Equity ETF $AVEM

Redwood Investment Management LLC raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 120.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,280 shares of the company’s stock after buying an additional 13,796 shares during the period. Redwood Investment Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,037,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in AVEM. AQR Capital Management LLC raised its position in shares of 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 purchasing an additional 2,596 shares during the period. M&T Bank Corp acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth about $287,000. Diversify Advisory Services LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth about $478,000. Diversify Wealth Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 20.3% during the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock worth $946,000 after buying an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP grew 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 valued at $1,010,000 after buying an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $89.51 on Monday. The stock has a market cap of $25.47 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a twelve month low of $68.27 and a twelve month high of $100.83. The company’s 50-day moving average price is $93.89 and its two-hundred day moving average price is $88.61.

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.