Austin Private Wealth LLC Acquires 148,911 Shares of Avantis Emerging Markets Equity ETF $AVEM

Austin Private Wealth LLC raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 98.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 300,787 shares of the company’s stock after purchasing an additional 148,911 shares during the period. Avantis Emerging Markets Equity ETF comprises about 1.7% of Austin Private Wealth LLC’s holdings, making the stock its 17th largest holding. Austin Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $23,167,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Breakwater Capital Group lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 14.8% during the 4th quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock valued at $4,045,000 after purchasing an additional 6,774 shares in the last quarter. Asempa Wealth Advisors bought a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $939,000. CFS Investment Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $3,713,000. Centennial Wealth Advisory LLC raised its holdings in Avantis Emerging Markets Equity ETF by 48.4% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 26,705 shares of the company’s stock worth $2,006,000 after buying an additional 8,707 shares during the period. Finally, White Pine Investment CO bought a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $2,799,000.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $80.67 on Friday. The stock has a market capitalization of $20.22 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $89.75. The company has a 50 day moving average of $83.67 and a 200-day moving average of $79.40.

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.