Columbia Advisory Partners LLC Invests $2.20 Million in Avantis Emerging Markets Equity ETF $AVEM

Columbia Advisory Partners LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 27,345 shares of the company’s stock, valued at approximately $2,203,000. Avantis Emerging Markets Equity ETF accounts for about 1.4% of Columbia Advisory Partners LLC’s holdings, making the stock its 18th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rothschild Investment LLC boosted its holdings 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 valued at $34,000 after acquiring an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth $36,000. Team Financial Group LLC raised its holdings in Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after purchasing an additional 361 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 49.5% in the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after purchasing an additional 183 shares during the period. Finally, Motiv8 Investments LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter worth about $47,000.

Avantis Emerging Markets Equity ETF Trading Up 1.5%

Shares of AVEM opened at $96.49 on Wednesday. Avantis Emerging Markets Equity ETF has a 1-year low of $68.15 and a 1-year high of $100.83. The firm’s 50-day moving average price is $94.13 and its 200-day moving average price is $86.38. The firm has a market capitalization of $25.16 billion, a price-to-earnings 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.