Avantis Emerging Markets Equity ETF $AVEM Shares Bought by MN Wealth Advisors LLC

MN Wealth Advisors LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 16.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 91,838 shares of the company’s stock after purchasing an additional 12,674 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 3.6% of MN Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. MN Wealth Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,073,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Breakwater Capital Group lifted its stake in shares of Avantis Emerging Markets Equity ETF by 14.8% in the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock valued at $4,045,000 after buying an additional 6,774 shares in the last quarter. Asempa Wealth Advisors bought a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $939,000. CFS Investment Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $3,713,000. Centennial Wealth Advisory LLC increased its position in Avantis Emerging Markets Equity ETF by 48.4% during the third quarter. Centennial Wealth Advisory LLC now owns 26,705 shares of the company’s stock valued at $2,006,000 after acquiring an additional 8,707 shares during the last quarter. Finally, ACT Advisors LLC. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 3.4% in the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after acquiring an additional 10,245 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $90.36 on Friday. The company has a market capitalization of $23.52 billion, a price-to-earnings ratio of 12.66 and a beta of 0.67. The company’s 50-day simple moving average is $84.65 and its two-hundred day simple moving average is $80.99. Avantis Emerging Markets Equity ETF has a one year low of $60.47 and a one year high of $90.68.

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.