IHT Wealth Management LLC Has $37.26 Million Position in Avantis Emerging Markets Equity ETF $AVEM

IHT Wealth Management LLC boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 25.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 483,815 shares of the company’s stock after acquiring an additional 98,973 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 0.9% of IHT Wealth Management LLC’s holdings, making the stock its 18th biggest position. IHT Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $37,263,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of AVEM. Bank of America Corp DE boosted its holdings in Avantis Emerging Markets Equity ETF by 4.9% during the 3rd quarter. Bank of America Corp DE now owns 18,412,368 shares of the company’s stock worth $1,382,953,000 after acquiring an additional 867,710 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Avantis Emerging Markets Equity ETF by 3.4% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,209,393 shares of the company’s stock worth $691,717,000 after acquiring an additional 304,731 shares during the last quarter. Align Financial LLC purchased a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth $528,227,000. Wells Fargo & Company MN boosted its holdings in Avantis Emerging Markets Equity ETF by 17.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,675,729 shares of the company’s stock worth $437,145,000 after acquiring an additional 837,069 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in Avantis Emerging Markets Equity ETF by 12.6% during the 4th quarter. Morgan Stanley now owns 5,659,671 shares of the company’s stock worth $435,908,000 after acquiring an additional 631,367 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.3%

AVEM stock opened at $96.65 on Thursday. The firm has a market cap of $25.21 billion, a PE ratio of 12.66 and a beta of 0.73. The business has a 50 day moving average of $92.31 and a 200-day moving average of $85.13. Avantis Emerging Markets Equity ETF has a 12-month low of $66.19 and a 12-month high of $99.67.

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.