Breakwater Capital Group Boosts Stake in Avantis Emerging Markets Equity ETF $AVEM

Breakwater Capital Group boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 57,837 shares of the company’s stock after purchasing an additional 5,319 shares during the period. Breakwater Capital Group’s holdings in Avantis Emerging Markets Equity ETF were worth $4,661,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Rothschild Investment LLC increased its position in Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after buying an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $36,000. Hantz Financial Services Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after buying an additional 183 shares in the last quarter. Team Financial Group LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter valued at approximately $47,000.

Avantis Emerging Markets Equity ETF Trading Up 0.1%

Avantis Emerging Markets Equity ETF stock opened at $94.78 on Thursday. Avantis Emerging Markets Equity ETF has a 12-month low of $67.75 and a 12-month high of $100.83. The firm has a market capitalization of $24.72 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The firm has a 50 day moving average of $93.58 and a 200 day moving average of $85.87.

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.