Indivisible Partners Takes $11.08 Million Position in Avantis Emerging Markets Equity ETF $AVEM

Indivisible Partners bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 4th quarter, HoldingsChannel.com reports. The fund bought 143,809 shares of the company’s stock, valued at approximately $11,076,000. Avantis Emerging Markets Equity ETF accounts for approximately 1.2% of Indivisible Partners’ holdings, making the stock its 13th largest holding.

Other institutional investors have also recently made changes to their positions in the company. American Capital Advisory LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at approximately $30,000. Team Financial Group LLC increased its holdings in Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after acquiring an additional 361 shares in the last quarter. Spire Wealth Management increased its holdings in Avantis Emerging Markets Equity ETF by 324.9% in the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after acquiring an additional 575 shares in the last quarter. Mather Group LLC. purchased a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $57,000. Finally, CX Institutional purchased a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $61,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $92.23 on Wednesday. The firm has a market cap of $24.05 billion, a PE ratio of 12.66 and a beta of 0.72. The firm has a fifty day moving average of $84.73 and a 200 day moving average of $81.19. Avantis Emerging Markets Equity ETF has a one year low of $61.57 and a one year high of $92.56.

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.