Avantis Emerging Markets Equity ETF $AVEM Holdings Boosted by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC increased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 28.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 169,224 shares of the company’s stock after buying an additional 37,238 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 4.7% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 5th largest position. ShoreHaven Wealth Partners LLC owned approximately 0.08% of Avantis Emerging Markets Equity ETF worth $13,034,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in AVEM. Rothschild Investment LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after buying an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $36,000. Team Financial Group LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after purchasing an additional 361 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 49.5% during the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after purchasing an additional 183 shares in the last quarter. Finally, MeadowBrook Investment Advisors LLC purchased a new position in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $65,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $98.20 on Thursday. Avantis Emerging Markets Equity ETF has a 1-year low of $65.66 and a 1-year high of $99.67. The company has a market capitalization of $25.61 billion, a P/E ratio of 12.66 and a beta of 0.72. The firm’s 50 day simple moving average is $89.36 and its two-hundred day simple moving average is $83.80.

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.