Avantis Emerging Markets Equity ETF $AVEM is ACT Advisors LLC.’s 4th Largest Position

ACT Advisors LLC. boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 307,508 shares of the company’s stock after purchasing an additional 10,245 shares during the period. Avantis Emerging Markets Equity ETF comprises 9.3% of ACT Advisors LLC.’s portfolio, making the stock its 4th largest holding. ACT Advisors LLC.’s holdings in Avantis Emerging Markets Equity ETF were worth $23,684,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in Avantis Emerging Markets Equity ETF by 13.2% during the first quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after acquiring an additional 2,596 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 44.4% in the second quarter. JPMorgan Chase & Co. now owns 311,490 shares of the company’s stock worth $21,350,000 after buying an additional 95,810 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 25.8% in the second quarter. J.W. Cole Advisors Inc. now owns 6,377 shares of the company’s stock worth $437,000 after buying an additional 1,308 shares during the last quarter. Kuhn & Co Investment Counsel grew its position in Avantis Emerging Markets Equity ETF by 36.3% during the second quarter. Kuhn & Co Investment Counsel now owns 8,316 shares of the company’s stock valued at $570,000 after buying an additional 2,213 shares during the period. Finally, JRM Investment Counsel LLC increased its holdings in Avantis Emerging Markets Equity ETF by 17.6% during the second quarter. JRM Investment Counsel LLC now owns 299,264 shares of the company’s stock valued at $20,512,000 after buying an additional 44,788 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.2%

Shares of AVEM stock opened at $78.60 on Friday. 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 cap of $17.37 billion, a P/E ratio of 12.66 and a beta of 0.68. The company has a 50 day simple moving average of $83.83 and a two-hundred day simple moving average of $79.20.

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.