Curtis Wealth Management LLC Acquires New Stake in Avantis Emerging Markets Equity ETF $AVEM

Curtis Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, Holdings Channel.com reports. The firm acquired 70,236 shares of the company’s stock, valued at approximately $5,837,000. Avantis Emerging Markets Equity ETF makes up 5.2% of Curtis Wealth Management LLC’s holdings, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of AVEM. AQR Capital Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 13.2% in the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after buying an additional 2,596 shares during the period. M&T Bank Corp purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at $287,000. Diversify Advisory Services LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at $478,000. Diversify Wealth Management LLC raised its holdings 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 valued at $946,000 after buying an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP raised its holdings 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 valued at $1,010,000 after buying an additional 6,271 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $91.23 on Friday. Avantis Emerging Markets Equity ETF has a 12 month low of $66.19 and a 12 month high of $99.67. The stock has a market capitalization of $23.79 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The business has a fifty day moving average price of $89.90 and a 200 day moving average price of $83.99.

Avantis Emerging Markets Equity ETF 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.