Firethorn Wealth Partners LLC Buys 8,547 Shares of Avantis Emerging Markets Equity ETF $AVEM

Firethorn Wealth Partners LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 101.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,011 shares of the company’s stock after purchasing an additional 8,547 shares during the quarter. Firethorn Wealth Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,310,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AVEM. Savant Capital LLC lifted its position in Avantis Emerging Markets Equity ETF by 3.2% during the third quarter. Savant Capital LLC now owns 18,469,078 shares of the company’s stock worth $1,387,215,000 after purchasing an additional 564,371 shares during the period. Bank of America Corp DE increased its holdings in Avantis Emerging Markets Equity ETF by 4.9% in the 3rd quarter. Bank of America Corp DE now owns 18,412,368 shares of the company’s stock valued at $1,382,953,000 after buying an additional 867,710 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in Avantis Emerging Markets Equity ETF by 3.4% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,209,393 shares of the company’s stock valued at $691,717,000 after buying an additional 304,731 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Avantis Emerging Markets Equity ETF by 28.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,062,191 shares of the company’s stock valued at $209,883,000 after buying an additional 670,844 shares in the last quarter. Finally, Cerity Partners LLC raised its position in shares of 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 buying an additional 72,106 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 3.5%

Shares of Avantis Emerging Markets Equity ETF stock opened at $79.02 on Monday. The company has a market cap of $17.46 billion, a PE ratio of 12.66 and a beta of 0.68. The company has a 50 day moving average of $83.93 and a 200-day moving average of $78.98. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $89.75.

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.