Jackson Thornton Wealth Management LLC Makes New Investment in Avantis Emerging Markets Equity ETF $AVEM

Jackson Thornton Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 290,077 shares of the company’s stock, valued at approximately $24,935,000. Avantis Emerging Markets Equity ETF accounts for about 2.2% of Jackson Thornton Wealth Management LLC’s portfolio, making the stock its 10th largest position. Jackson Thornton Wealth Management LLC owned about 0.11% of Avantis Emerging Markets Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Asempa Wealth Advisors acquired a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $939,000. Breakwater Capital Group raised its holdings in shares of Avantis Emerging Markets Equity ETF by 14.8% during the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after acquiring an additional 6,774 shares during the period. Greenwood Capital Associates LLC raised its holdings 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 worth $3,870,000 after acquiring an additional 9,895 shares during the period. ACT Advisors LLC. lifted its position in Avantis Emerging Markets Equity ETF by 3.4% in the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after acquiring an additional 10,245 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc lifted its position in Avantis Emerging Markets Equity ETF by 16.0% in the 4th 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 Trading Down 2.9%

AVEM stock opened at $92.59 on Wednesday. The stock has a 50-day moving average price of $94.56 and a two-hundred day moving average price of $86.99. The stock has a market cap of $25.41 billion, a PE ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 1 year low of $68.27 and a 1 year 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.