ACT Advisors LLC. Has $23.68 Million Stock Position in Avantis Emerging Markets Equity ETF $AVEM

ACT Advisors LLC. boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 307,508 shares of the company’s stock after purchasing an additional 10,245 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 9.3% of ACT Advisors LLC.’s portfolio, making the stock its 4th largest position. ACT Advisors LLC. owned approximately 0.15% of Avantis Emerging Markets Equity ETF worth $23,684,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Dynamic Advisor Solutions LLC boosted its stake in Avantis Emerging Markets Equity ETF by 0.3% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock worth $3,370,000 after purchasing an additional 130 shares in the last quarter. Fortress Financial Solutions LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 2.6% during the third quarter. Fortress Financial Solutions LLC now owns 5,145 shares of the company’s stock valued at $386,000 after acquiring an additional 131 shares in the last quarter. Hardin Capital Partners LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 1.0% during the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock valued at $1,056,000 after acquiring an additional 135 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 2.2% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 6,516 shares of the company’s stock worth $489,000 after acquiring an additional 139 shares during the last quarter. Finally, Pathstone Holdings LLC raised its holdings in Avantis Emerging Markets Equity ETF by 0.7% in the 3rd quarter. Pathstone Holdings LLC now owns 22,116 shares of the company’s stock worth $1,661,000 after acquiring an additional 144 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.2%

AVEM stock opened at $78.60 on Friday. The stock’s 50 day simple moving average is $83.83 and its 200 day simple moving average is $79.20. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $89.75. The stock has a market capitalization of $17.37 billion, a PE ratio of 12.66 and a beta of 0.68.

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.