Breakwater Capital Group Boosts Stake in Avantis Emerging Markets Equity ETF $AVEM

Breakwater Capital Group raised its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 14.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 52,518 shares of the company’s stock after purchasing an additional 6,774 shares during the quarter. Breakwater Capital Group’s holdings in Avantis Emerging Markets Equity ETF were worth $4,045,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 0.3% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock valued at $3,370,000 after acquiring an additional 130 shares during the last quarter. Fortress Financial Solutions LLC grew its holdings 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. Hardin Capital Partners LLC increased its position in Avantis Emerging Markets Equity ETF by 1.0% in the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock worth $1,056,000 after purchasing an additional 135 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in Avantis Emerging Markets Equity ETF by 2.2% in the third 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 last quarter. Finally, Pathstone Holdings LLC raised its stake in Avantis Emerging Markets Equity ETF by 0.7% during the third quarter. Pathstone Holdings LLC now owns 22,116 shares of the company’s stock valued at $1,661,000 after purchasing an additional 144 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 3.5%

AVEM stock opened at $79.02 on Monday. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $89.75. The company has a fifty day simple moving average of $83.93 and a two-hundred day simple moving average of $78.98. The firm has a market capitalization of $17.46 billion, a P/E ratio of 12.66 and a beta of 0.68.

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.