Lifelong Wealth Advisors Inc. Acquires New Stake in Avantis Emerging Markets Equity ETF $AVEM

Lifelong Wealth Advisors Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 36,389 shares of the company’s stock, valued at approximately $2,803,000. Avantis Emerging Markets Equity ETF makes up approximately 0.7% of Lifelong Wealth Advisors Inc.’s portfolio, making the stock its 25th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Amplius Wealth Advisors LLC grew its position in Avantis Emerging Markets Equity ETF by 1.5% in the 4th quarter. Amplius Wealth Advisors LLC now owns 407,425 shares of the company’s stock valued at $31,380,000 after acquiring an additional 6,015 shares in the last quarter. Certified Advisory Corp lifted its position in shares of Avantis Emerging Markets Equity ETF by 6.7% during the fourth quarter. Certified Advisory Corp now owns 124,530 shares of the company’s stock worth $9,591,000 after purchasing an additional 7,809 shares in the last quarter. Thayer Financial L.L.C. acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $406,000. Shotwell Rutter Baer Inc boosted its stake in shares of Avantis Emerging Markets Equity ETF by 1.2% in the fourth quarter. Shotwell Rutter Baer Inc now owns 128,995 shares of the company’s stock valued at $10,259,000 after purchasing an additional 1,504 shares during the period. Finally, Quantum Financial Advisors LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 5.9% in the fourth quarter. Quantum Financial Advisors LLC now owns 359,031 shares of the company’s stock valued at $27,653,000 after purchasing an additional 20,029 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 1.4%

Shares of AVEM opened at $80.28 on Wednesday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $89.75. The firm’s 50 day moving average price is $83.93 and its 200 day moving average price is $79.11. The company has a market cap of $17.74 billion, a P/E 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.