Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Atwood & Palmer Inc.

Atwood & Palmer Inc. grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 664,423 shares of the company’s stock after buying an additional 14,936 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 2.9% of Atwood & Palmer Inc.’s portfolio, making the stock its 7th largest holding. Atwood & Palmer Inc. owned about 0.30% of Avantis Emerging Markets Equity ETF worth $51,174,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of AVEM. American Capital Advisory LLC acquired a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $30,000. Team Financial Group LLC raised 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 worth $43,000 after purchasing an additional 361 shares during the period. Tripletail Wealth Management LLC acquired a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $49,000. Spire Wealth Management raised 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 worth $56,000 after purchasing an additional 575 shares during the period. Finally, Mather Group LLC. acquired a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $57,000.

Avantis Emerging Markets Equity ETF Trading Down 1.8%

NYSEARCA AVEM opened at $88.18 on Friday. The stock has a market capitalization of $22.75 billion, a price-to-earnings ratio of 12.66 and a beta of 0.67. Avantis Emerging Markets Equity ETF has a twelve month low of $59.71 and a twelve month high of $90.68. The stock has a 50-day moving average of $84.34 and a 200 day moving average of $80.51.

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.