Caliber Wealth Management LLC KS Has $17.15 Million Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Caliber Wealth Management LLC KS raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 222,649 shares of the company’s stock after buying an additional 9,476 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 1.8% of Caliber Wealth Management LLC KS’s investment portfolio, making the stock its 13th largest position. Caliber Wealth Management LLC KS owned about 0.10% of Avantis Emerging Markets Equity ETF worth $17,148,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVEM. American Capital Advisory LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $30,000. Team Financial Group LLC grew its holdings in Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares during the last quarter. Tripletail Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $49,000. Spire Wealth Management grew its holdings in Avantis Emerging Markets Equity ETF by 324.9% in the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after buying an additional 575 shares during the last quarter. Finally, Mather Group LLC. acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $57,000.

Avantis Emerging Markets Equity ETF Stock Down 1.4%

AVEM opened at $88.00 on Wednesday. The firm has a market capitalization of $22.42 billion, a P/E ratio of 12.66 and a beta of 0.67. The stock’s 50 day moving average price is $84.24 and its two-hundred day moving average price is $80.39. Avantis Emerging Markets Equity ETF has a 12-month low of $58.69 and a 12-month high of $90.68.

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.