HB Wealth Management LLC Grows Holdings in Avantis Emerging Markets Equity ETF $AVEM

HB Wealth Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,060,539 shares of the company’s stock after purchasing an additional 18,197 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 0.6% of HB Wealth Management LLC’s investment portfolio, making the stock its 28th largest holding. HB Wealth Management LLC owned approximately 0.41% of Avantis Emerging Markets Equity ETF worth $85,458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Rothschild Investment LLC grew its holdings in shares of 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 purchasing an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $36,000. Hantz Financial Services Inc. lifted its holdings in 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 holdings in 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 purchased a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $47,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $92.44 on Friday. The company has a market capitalization of $25.11 billion, a P/E ratio of 12.66 and a beta of 0.73. The company’s 50-day simple moving average is $94.36 and its two-hundred day simple moving average is $86.65. Avantis Emerging Markets Equity ETF has a one year low of $68.15 and a one 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.