AE Wealth Management LLC Raises Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

AE Wealth Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 94.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,127 shares of the company’s stock after acquiring an additional 33,985 shares during the period. AE Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,401,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. American Capital Advisory LLC purchased a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $30,000. Team Financial Group LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% in the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after acquiring an additional 361 shares during the last quarter. Tripletail Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $49,000. Spire Wealth Management grew its stake in shares of Avantis Emerging Markets Equity ETF by 324.9% in the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after acquiring an additional 575 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $57,000.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $89.91 on Monday. Avantis Emerging Markets Equity ETF has a 12 month low of $57.63 and a 12 month high of $90.69. The stock has a market cap of $22.91 billion, a P/E ratio of 12.66 and a beta of 0.67. The stock’s fifty day moving average price is $84.12 and its 200-day moving average price is $80.21.

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.