MFA Wealth Advisors LLC Grows Position in Avantis Emerging Markets Equity ETF $AVEM

MFA Wealth Advisors LLC grew its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.9% in the fourth quarter, HoldingsChannel reports. The fund owned 192,951 shares of the company’s stock after acquiring an additional 7,193 shares during the period. Avantis Emerging Markets Equity ETF makes up 3.1% of MFA Wealth Advisors LLC’s portfolio, making the stock its 9th largest position. MFA Wealth Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $14,861,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Dynamic Advisor Solutions LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 0.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock worth $3,370,000 after purchasing an additional 130 shares in the last quarter. Fortress Financial Solutions LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 2.6% during the third quarter. Fortress Financial Solutions LLC now owns 5,145 shares of the company’s stock worth $386,000 after purchasing an additional 131 shares during the last quarter. Hardin Capital Partners LLC grew its position in Avantis Emerging Markets Equity ETF by 1.0% in the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock valued at $1,056,000 after purchasing an additional 135 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in Avantis Emerging Markets Equity ETF by 2.2% in the third quarter. J.W. Cole Advisors Inc. now owns 6,516 shares of the company’s stock valued at $489,000 after purchasing an additional 139 shares in the last quarter. Finally, Pathstone Holdings LLC increased its stake in Avantis Emerging Markets Equity ETF by 0.7% in the 3rd quarter. Pathstone Holdings LLC now owns 22,116 shares of the company’s stock valued at $1,661,000 after buying an additional 144 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $78.60 on Friday. The company’s 50-day moving average price is $83.83 and its two-hundred day moving average price is $79.20. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $89.75. The stock has a market capitalization of $17.37 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.