Trailhead Planners LLC Makes New Investment in Avantis Emerging Markets Equity ETF $AVEM

Trailhead Planners LLC bought a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 32,294 shares of the company’s stock, valued at approximately $2,487,000. Avantis Emerging Markets Equity ETF accounts for approximately 2.4% of Trailhead Planners LLC’s holdings, making the stock its 14th largest position.

Other hedge funds have also recently bought and sold shares of the company. AQR Capital Management LLC raised its holdings 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 last quarter. M&T Bank Corp acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $287,000. Diversify Advisory Services LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $478,000. Diversify Wealth Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 20.3% in the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after purchasing an additional 2,244 shares during the last quarter. Finally, Quantinno Capital Management LP raised its holdings in shares of Avantis Emerging Markets Equity ETF by 74.1% in the second quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after purchasing an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 4.6%

NYSEARCA AVEM opened at $95.32 on Friday. Avantis Emerging Markets Equity ETF has a 12-month low of $66.19 and a 12-month high of $99.67. The company has a market capitalization of $24.86 billion, a PE ratio of 12.66 and a beta of 0.73. The firm’s 50 day moving average is $91.03 and its 200-day moving average is $84.54.

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.