Balboa Wealth Partners Buys 5,298 Shares of Avantis Emerging Markets Equity ETF $AVEM

Balboa Wealth Partners boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 40.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,287 shares of the company’s stock after buying an additional 5,298 shares during the quarter. Balboa Wealth Partners’ holdings in Avantis Emerging Markets Equity ETF were worth $1,474,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc boosted its holdings in Avantis Emerging Markets Equity ETF by 0.4% in the fourth quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock valued at $2,190,000 after acquiring an additional 120 shares during the last quarter. Investmark Advisory Group LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 1.8% during the 4th quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock valued at $517,000 after acquiring an additional 121 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 0.3% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock valued at $3,370,000 after purchasing an additional 130 shares during the period. Hardin Capital Partners LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 1.0% in the 4th quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock worth $1,056,000 after purchasing an additional 135 shares during the last quarter. Finally, BLVD Private Wealth LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 0.6% during the fourth quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock worth $1,716,000 after purchasing an additional 140 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $99.71 on Monday. Avantis Emerging Markets Equity ETF has a 12 month low of $66.19 and a 12 month high of $100.00. The stock has a 50-day simple moving average of $92.95 and a 200 day simple moving average of $85.45. The company has a market capitalization of $26.00 billion, a PE ratio of 12.66 and a beta of 0.73.

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.