Tyche Wealth Partners LLC Increases Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Tyche Wealth Partners LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 81.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,025 shares of the company’s stock after buying an additional 7,181 shares during the period. Tyche Wealth Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,234,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dynamic Advisor Solutions LLC lifted its position in Avantis Emerging Markets Equity ETF by 0.3% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock valued at $3,370,000 after acquiring an additional 130 shares during the period. Fortress Financial Solutions LLC grew its holdings in Avantis Emerging Markets Equity ETF by 2.6% in the third quarter. Fortress Financial Solutions LLC now owns 5,145 shares of the company’s stock worth $386,000 after purchasing an additional 131 shares during the period. Hardin Capital Partners LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 1.0% during the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock valued at $1,056,000 after purchasing an additional 135 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 2.2% during the third quarter. J.W. Cole Advisors Inc. now owns 6,516 shares of the company’s stock valued at $489,000 after purchasing an additional 139 shares in the last quarter. Finally, Pathstone Holdings LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 0.7% in the 3rd quarter. Pathstone Holdings LLC now owns 22,116 shares of the company’s stock worth $1,661,000 after buying an additional 144 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 1.0%

NYSEARCA:AVEM traded up $0.85 during trading hours on Tuesday, reaching $87.58. 190,243 shares of the company traded hands, compared to its average volume of 2,117,726. The business’s 50-day moving average price is $83.72 and its two-hundred day moving average price is $79.83. The stock has a market capitalization of $22.30 billion, a P/E ratio of 12.66 and a beta of 0.67. Avantis Emerging Markets Equity ETF has a 1 year low of $57.29 and a 1 year high of $89.75.

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.