WealthPLAN Partners LLC Has $6.88 Million Position in Avantis Emerging Markets Equity ETF $AVEM

WealthPLAN Partners LLC raised its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 89,320 shares of the company’s stock after purchasing an additional 5,908 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 1.0% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 22nd biggest holding. WealthPLAN Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $6,879,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AVEM. AQR Capital Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 13.2% during the 1st 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 period. M&T Bank Corp purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter valued at $287,000. Diversify Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter valued at $478,000. Diversify Wealth Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 20.3% during the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after acquiring an additional 2,244 shares in the last quarter. Finally, Quantinno Capital Management LP grew its holdings in shares of Avantis Emerging Markets Equity ETF by 74.1% during the 2nd quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after acquiring an additional 6,271 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 4.6%

Avantis Emerging Markets Equity ETF stock opened at $95.32 on Friday. The company’s fifty day simple moving average is $91.03 and its 200-day simple moving average is $84.54. Avantis Emerging Markets Equity ETF has a 12 month low of $66.19 and a 12 month high of $99.67. The stock has a market cap of $24.86 billion, a P/E ratio of 12.66 and a beta of 0.73.

About Avantis Emerging Markets Equity ETF

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.