Horst & Graben Wealth Management LLC Grows Holdings in Avantis Emerging Markets Equity ETF $AVEM

Horst & Graben Wealth Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 25.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 155,309 shares of the company’s stock after purchasing an additional 31,959 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 2.0% of Horst & Graben Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding. Horst & Graben Wealth Management LLC owned approximately 0.06% of Avantis Emerging Markets Equity ETF worth $13,899,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Asempa Wealth Advisors bought a new position in Avantis Emerging Markets Equity ETF in the fourth quarter worth approximately $939,000. Breakwater Capital Group lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 14.8% in the 4th quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after buying an additional 6,774 shares during the period. Greenwood Capital Associates LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 24.5% during the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock valued at $3,870,000 after buying an additional 9,895 shares during the period. ACT Advisors LLC. increased its stake in shares of Avantis Emerging Markets Equity ETF by 3.4% during the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after buying an additional 10,245 shares during the period. Finally, Armstrong Fleming & Moore Inc raised its holdings in shares of Avantis Emerging Markets Equity ETF by 16.0% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock valued at $18,010,000 after acquiring an additional 32,228 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 2.9%

Shares of AVEM stock opened at $92.59 on Wednesday. The firm has a market cap of $25.24 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The company’s 50 day moving average is $94.56 and its 200 day moving average is $86.99. Avantis Emerging Markets Equity ETF has a 52-week low of $68.27 and a 52-week high of $100.83.

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.