Burk Holdings LLC Acquires New Holdings in Avantis Emerging Markets Equity ETF $AVEM

Burk Holdings LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 48,801 shares of the company’s stock, valued at approximately $3,345,000. Avantis Emerging Markets Equity ETF accounts for about 2.1% of Burk Holdings LLC’s investment portfolio, making the stock its 18th largest position.

A number of other hedge funds have also added to or reduced their stakes in AVEM. South Plains Financial Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 61.2% in the 2nd quarter. South Plains Financial Inc. now owns 1,098 shares of the company’s stock worth $75,000 after buying an additional 417 shares during the last quarter. CreativeOne Wealth LLC increased its position in Avantis Emerging Markets Equity ETF by 68.7% during the second quarter. CreativeOne Wealth LLC now owns 368,818 shares of the company’s stock valued at $25,279,000 after acquiring an additional 150,251 shares during the last quarter. Hill Investment Group Partners LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 24.7% in the second quarter. Hill Investment Group Partners LLC now owns 169,452 shares of the company’s stock valued at $11,614,000 after acquiring an additional 33,575 shares during the period. Global Retirement Partners LLC bought a new position in Avantis Emerging Markets Equity ETF in the second quarter valued at about $1,307,000. Finally, American Century Companies Inc. boosted its position in Avantis Emerging Markets Equity ETF by 25.9% in the second quarter. American Century Companies Inc. now owns 2,430,093 shares of the company’s stock worth $166,559,000 after purchasing an additional 499,860 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.1%

Avantis Emerging Markets Equity ETF stock opened at $74.82 on Monday. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $78.76. The company has a market cap of $13.88 billion, a P/E ratio of 12.66 and a beta of 0.68. The business has a 50-day simple moving average of $76.17 and a two-hundred day simple moving average of $71.29.

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.