Acima Private Wealth LLC Decreases Holdings in Avantis Emerging Markets Equity ETF $AVEM

Acima Private Wealth LLC trimmed its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,393 shares of the company’s stock after selling 8,284 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 2.4% of Acima Private Wealth LLC’s investment portfolio, making the stock its 17th largest holding. Acima Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,578,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AVEM. American Capital Advisory LLC bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth about $30,000. Team Financial Group LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after acquiring an additional 361 shares during the period. Tripletail Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $49,000. Spire Wealth Management increased its stake in shares of Avantis Emerging Markets Equity ETF by 324.9% during the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after purchasing an additional 575 shares during the last quarter. Finally, Mather Group LLC. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $57,000.

Avantis Emerging Markets Equity ETF Trading Down 1.0%

Avantis Emerging Markets Equity ETF stock opened at $77.78 on Tuesday. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $89.75. The business’s 50 day simple moving average is $83.76 and its 200 day simple moving average is $79.27. The company has a market cap of $17.19 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68.

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.