Verus Capital Partners LLC Grows Position in Avantis Emerging Markets Equity ETF $AVEM

Verus Capital Partners LLC increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 99.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,771 shares of the company’s stock after acquiring an additional 5,363 shares during the quarter. Verus Capital Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $830,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of AVEM. IFP Advisors Inc boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 0.4% during the 4th quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock valued at $2,190,000 after purchasing an additional 120 shares during the last quarter. Investmark Advisory Group LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 1.8% in the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock worth $517,000 after buying an additional 121 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 0.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock worth $3,370,000 after buying an additional 130 shares in the last quarter. Hardin Capital Partners LLC boosted its stake in Avantis Emerging Markets Equity ETF by 1.0% during the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock valued at $1,056,000 after buying an additional 135 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 2.2% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 6,516 shares of the company’s stock valued at $489,000 after buying an additional 139 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $97.52 on Friday. The company has a market cap of $25.43 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 1 year low of $66.01 and a 1 year high of $99.67. The stock’s 50 day simple moving average is $89.70 and its two-hundred day simple moving average is $83.94.

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.