Diversify Advisory Services LLC Boosts Stake in Avantis Emerging Markets Equity ETF $AVEM

Diversify Advisory Services LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 120.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,787 shares of the company’s stock after acquiring an additional 8,072 shares during the period. Diversify Advisory Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,156,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AVEM. Fortress Financial Solutions LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 2.6% in the third quarter. Fortress Financial Solutions LLC now owns 5,145 shares of the company’s stock valued at $386,000 after purchasing an additional 131 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 2.2% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 6,516 shares of the company’s stock worth $489,000 after purchasing an additional 139 shares during the period. Consolidated Portfolio Review Corp lifted its holdings in Avantis Emerging Markets Equity ETF by 3.6% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 5,279 shares of the company’s stock worth $397,000 after buying an additional 181 shares in the last quarter. Telos Capital Management Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 1.7% in the 3rd quarter. Telos Capital Management Inc. now owns 12,815 shares of the company’s stock valued at $963,000 after purchasing an additional 210 shares during the last quarter. Finally, Hardin Capital Partners LLC raised its holdings in Avantis Emerging Markets Equity ETF by 2.1% during the third quarter. Hardin Capital Partners LLC now owns 13,578 shares of the company’s stock worth $1,020,000 after purchasing an additional 275 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.3%

NYSEARCA:AVEM opened at $83.03 on Wednesday. The stock’s 50 day simple moving average is $83.51 and its 200-day simple moving average is $78.40. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $89.75. The firm has a market cap of $18.35 billion, a P/E ratio of 12.66 and a beta of 0.68.

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.