Nicolet Advisory Services LLC Raises Holdings in Avantis Emerging Markets Equity ETF $AVEM

Nicolet Advisory Services LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 54.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 754,863 shares of the company’s stock after acquiring an additional 266,256 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 4.1% of Nicolet Advisory Services LLC’s holdings, making the stock its 4th largest holding. Nicolet Advisory Services LLC owned approximately 0.34% of Avantis Emerging Markets Equity ETF worth $61,136,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc increased its stake in Avantis Emerging Markets Equity ETF by 0.4% during the fourth quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock valued at $2,190,000 after acquiring an additional 120 shares during the period. Investmark Advisory Group LLC increased its stake in Avantis Emerging Markets Equity ETF by 1.8% during the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock valued at $517,000 after acquiring an additional 121 shares during the period. Dynamic Advisor Solutions LLC increased its stake in Avantis Emerging Markets Equity ETF by 0.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock valued at $3,370,000 after acquiring an additional 130 shares during the period. Hardin Capital Partners LLC increased 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 acquiring an additional 135 shares during the period. Finally, BLVD Private Wealth LLC increased its stake in Avantis Emerging Markets Equity ETF by 0.6% during the fourth quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock valued at $1,716,000 after acquiring an additional 140 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.4%

Shares of AVEM opened at $95.72 on Friday. Avantis Emerging Markets Equity ETF has a 12-month low of $66.19 and a 12-month high of $99.67. The firm has a market capitalization of $24.96 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The stock’s 50-day moving average price is $91.32 and its 200 day moving average price is $84.62.

Avantis Emerging Markets Equity ETF Company 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.