Mayflower Financial Advisors LLC Has $3.86 Million Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Mayflower Financial Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 90.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,144 shares of the company’s stock after purchasing an additional 23,755 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,862,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 13.2% during the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after acquiring an additional 2,596 shares in the last quarter. JPMorgan Chase & Co. raised its position in Avantis Emerging Markets Equity ETF by 44.4% during the second quarter. JPMorgan Chase & Co. now owns 311,490 shares of the company’s stock valued at $21,350,000 after purchasing an additional 95,810 shares in the last quarter. MAI Capital Management raised its position in Avantis Emerging Markets Equity ETF by 765.3% during the second quarter. MAI Capital Management now owns 4,344 shares of the company’s stock valued at $298,000 after purchasing an additional 3,842 shares in the last quarter. Global Retirement Partners LLC bought a new stake in Avantis Emerging Markets Equity ETF during the second quarter worth $1,307,000. Finally, J.W. Cole Advisors Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 25.8% during the second quarter. J.W. Cole Advisors Inc. now owns 6,377 shares of the company’s stock worth $437,000 after purchasing an additional 1,308 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $78.73 on Friday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $89.75. The stock’s fifty day moving average price is $83.88 and its two-hundred day moving average price is $79.12. The company has a market cap of $17.40 billion, a PE ratio of 12.66 and a beta of 0.68.

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.