Breakwater Capital Group Grows Stake in Avantis Emerging Markets Equity ETF $AVEM

Breakwater Capital Group boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 14.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 52,518 shares of the company’s stock after purchasing an additional 6,774 shares during the quarter. Breakwater Capital Group’s holdings in Avantis Emerging Markets Equity ETF were worth $4,045,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Dynamic Advisor Solutions LLC grew its holdings in Avantis Emerging Markets Equity ETF by 0.3% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock valued at $3,370,000 after buying an additional 130 shares in the last quarter. Hardin Capital Partners LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 1.0% in the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock worth $1,056,000 after buying an additional 135 shares in the last quarter. Elevation Wealth Partners LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 4.9% in the fourth quarter. Elevation Wealth Partners LLC now owns 103,201 shares of the company’s stock worth $7,949,000 after buying an additional 4,809 shares in the last quarter. Asempa Wealth Advisors bought a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth $939,000. Finally, Firethorn Wealth Partners LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 101.0% during the fourth quarter. Firethorn Wealth Partners LLC now owns 17,011 shares of the company’s stock worth $1,310,000 after acquiring an additional 8,547 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $79.02 on Monday. The stock has a market capitalization of $17.46 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The company has a fifty day moving average of $83.93 and a 200 day moving average of $78.98. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $89.75.

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.