Mason & Associates Inc Has $10.39 Million Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Mason & Associates Inc raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 58.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 138,376 shares of the company’s stock after acquiring an additional 51,182 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 2.1% of Mason & Associates Inc’s holdings, making the stock its 11th biggest position. Mason & Associates Inc owned approximately 0.07% of Avantis Emerging Markets Equity ETF worth $10,393,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in AVEM. Hantz Financial Services Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 2,366.7% during the second quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock worth $25,000 after purchasing an additional 355 shares during the last quarter. American Capital Advisory LLC bought a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth about $30,000. Tripletail Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth about $49,000. Spire Wealth Management boosted its stake in shares of Avantis Emerging Markets Equity ETF by 324.9% during the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after buying an additional 575 shares during the last quarter. Finally, Mather Group LLC. bought a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVEM opened at $86.27 on Friday. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $87.56. The company has a market cap of $19.07 billion, a P/E ratio of 12.66 and a beta of 0.68. The stock’s 50-day simple moving average is $80.31 and its 200 day simple moving average is $76.47.

About Avantis Emerging Markets Equity ETF

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.