Avantis Emerging Markets Equity ETF $AVEM Shares Sold by BSW Wealth Partners

BSW Wealth Partners trimmed its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 208,668 shares of the company’s stock after selling 8,881 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 1.9% of BSW Wealth Partners’ portfolio, making the stock its 11th biggest position. BSW Wealth Partners owned about 0.10% of Avantis Emerging Markets Equity ETF worth $16,072,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AVEM. AQR Capital Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 13.2% during the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after purchasing an additional 2,596 shares during the last quarter. M&T Bank Corp acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth about $287,000. Diversify Advisory Services LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth about $478,000. Diversify Wealth Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 20.3% during the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock worth $946,000 after purchasing an additional 2,244 shares during the last quarter. Finally, Quantinno Capital Management LP increased its position in shares of Avantis Emerging Markets Equity ETF by 74.1% during the 2nd quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock worth $1,010,000 after purchasing an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $86.73 on Tuesday. The business has a 50-day moving average of $83.72 and a 200 day moving average of $79.83. Avantis Emerging Markets Equity ETF has a 12 month low of $57.29 and a 12 month high of $89.75. The stock has a market capitalization of $22.08 billion, a price-to-earnings ratio of 12.66 and a beta of 0.67.

Avantis Emerging Markets Equity ETF Company 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.