Mason & Associates Inc Has $10.90 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Mason & Associates Inc lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 140,088 shares of the company’s stock after buying an additional 8,342 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 2.1% of Mason & Associates Inc’s investment portfolio, making the stock its 13th biggest position. Mason & Associates Inc owned about 0.05% of Avantis Emerging Markets Equity ETF worth $10,896,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in Avantis Emerging Markets Equity ETF by 4.9% in the 3rd quarter. Bank of America Corp DE now owns 18,412,368 shares of the company’s stock valued at $1,382,953,000 after acquiring an additional 867,710 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings 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 in the last quarter. Align Financial LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth $528,227,000. Wells Fargo & Company MN increased its position in shares of Avantis Emerging Markets Equity ETF by 17.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,675,729 shares of the company’s stock worth $437,145,000 after purchasing an additional 837,069 shares during the period. Finally, Morgan Stanley increased its position in shares of Avantis Emerging Markets Equity ETF by 12.6% in the fourth quarter. Morgan Stanley now owns 5,659,671 shares of the company’s stock worth $435,908,000 after purchasing an additional 631,367 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.8%

AVEM stock opened at $93.97 on Friday. Avantis Emerging Markets Equity ETF has a 52 week low of $68.27 and a 52 week high of $100.83. The business has a 50-day simple moving average of $94.74 and a 200 day simple moving average of $87.25. The company has a market cap of $25.79 billion, a PE ratio of 12.66 and a beta of 0.73.

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.