Compound Planning Inc. Has $28.44 Million Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Compound Planning Inc. grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 44.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 369,300 shares of the company’s stock after purchasing an additional 113,121 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 0.8% of Compound Planning Inc.’s investment portfolio, making the stock its 27th biggest holding. Compound Planning Inc. owned approximately 0.17% of Avantis Emerging Markets Equity ETF worth $28,443,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. AQR Capital Management LLC increased its stake in Avantis Emerging Markets Equity ETF by 13.2% in the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after buying an additional 2,596 shares during the last quarter. M&T Bank Corp bought a new position in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at about $287,000. Diversify Advisory Services LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at about $478,000. Diversify Wealth Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 20.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after acquiring an additional 2,244 shares in the last quarter. Finally, Quantinno Capital Management LP increased its position in shares of Avantis Emerging Markets Equity ETF by 74.1% in the second quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after acquiring an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $99.71 on Friday. Avantis Emerging Markets Equity ETF has a 52-week low of $66.19 and a 52-week high of $100.00. The firm has a market capitalization of $26.00 billion, a PE ratio of 12.66 and a beta of 0.73. The business’s 50-day simple moving average is $92.67 and its 200 day simple moving average is $85.29.

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.