Breakwater Capital Group Grows Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Breakwater Capital Group increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 57,837 shares of the company’s stock after buying an additional 5,319 shares during the period. Breakwater Capital Group’s holdings in Avantis Emerging Markets Equity ETF were worth $4,661,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of AVEM. Rothschild Investment LLC raised its holdings in Avantis Emerging Markets Equity ETF by 192.7% during the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after acquiring an additional 289 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $36,000. Team Financial Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% in the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after acquiring an additional 361 shares during the period. Hantz Financial Services Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 49.5% in the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after acquiring an additional 183 shares during the period. Finally, Motiv8 Investments LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth about $47,000.

Avantis Emerging Markets Equity ETF Trading Up 0.1%

NYSEARCA:AVEM opened at $94.78 on Thursday. The stock has a 50-day moving average price of $93.58 and a 200 day moving average price of $85.87. The stock has a market capitalization of $24.72 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 12-month low of $67.75 and a 12-month high of $100.83.

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.