Assetmark Inc. Has $7.91 Million Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Assetmark Inc. grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 28,061.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 105,324 shares of the company’s stock after acquiring an additional 104,950 shares during the period. Assetmark Inc. owned 0.06% of Avantis Emerging Markets Equity ETF worth $7,911,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of AVEM. CFS Investment Advisory Services LLC purchased a new position in Avantis Emerging Markets Equity ETF during the third quarter worth approximately $3,713,000. Centennial Wealth Advisory LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 48.4% in the third quarter. Centennial Wealth Advisory LLC now owns 26,705 shares of the company’s stock valued at $2,006,000 after buying an additional 8,707 shares in the last quarter. Modera Wealth Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 0.7% during the 2nd quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock worth $12,411,000 after buying an additional 1,234 shares during the period. Atlas Brown Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 223.9% during the 3rd quarter. Atlas Brown Inc. now owns 13,051 shares of the company’s stock valued at $980,000 after buying an additional 9,022 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in Avantis Emerging Markets Equity ETF by 2.8% in the 3rd quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock valued at $202,061,000 after acquiring an additional 72,106 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $86.27 on Tuesday. The firm has a fifty day moving average of $80.50 and a 200 day moving average of $76.69. The firm has a market cap of $19.07 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $87.56.

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.