21,278 Shares in Avantis Emerging Markets Equity ETF $AVEM Acquired by WealthPoint Financial LLC

WealthPoint Financial LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 21,278 shares of the company’s stock, valued at approximately $1,639,000. Avantis Emerging Markets Equity ETF comprises approximately 1.4% of WealthPoint Financial LLC’s investment portfolio, making the stock its 25th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Compound Planning Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 44.2% during the fourth quarter. Compound Planning Inc. now owns 369,300 shares of the company’s stock valued at $28,443,000 after acquiring an additional 113,121 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 80.8% in the 4th quarter. Axxcess Wealth Management LLC now owns 73,039 shares of the company’s stock worth $5,625,000 after acquiring an additional 32,649 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 32.2% in the 4th quarter. Corient Private Wealth LLC now owns 1,001,434 shares of the company’s stock worth $77,130,000 after acquiring an additional 244,205 shares during the last quarter. Strive Financial Group LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $66,000. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Avantis Emerging Markets Equity ETF by 4.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,627,411 shares of the company’s stock worth $741,503,000 after purchasing an additional 418,018 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $99.71 on Friday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $66.19 and a fifty-two week high of $100.00. The firm has a 50 day moving average price of $92.67 and a 200 day moving average price of $85.29. The company has a market capitalization of $26.00 billion, a PE 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.