Mraz Amerine & Associates Inc. Has $5.07 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Mraz Amerine & Associates Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 26.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 67,503 shares of the company’s stock after acquiring an additional 14,066 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 0.8% of Mraz Amerine & Associates Inc.’s portfolio, making the stock its 21st largest position. Mraz Amerine & Associates Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $5,070,000 as of its most recent filing with the Securities & Exchange Commission.

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

Avantis Emerging Markets Equity ETF Stock Performance

AVEM stock opened at $85.95 on Friday. The stock’s 50 day simple moving average is $80.13 and its 200 day simple moving average is $76.36. The company has a market cap of $18.99 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $87.56.

Avantis Emerging Markets Equity ETF 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.