Focus Partners Advisor Solutions LLC Acquires 198,647 Shares of Avantis Emerging Markets Equity ETF $AVEM

Focus Partners Advisor Solutions LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 75.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 460,255 shares of the company’s stock after acquiring an additional 198,647 shares during the period. Focus Partners Advisor Solutions LLC owned approximately 0.21% of Avantis Emerging Markets Equity ETF worth $35,449,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Asempa Wealth Advisors bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at $939,000. Breakwater Capital Group increased its position in shares of Avantis Emerging Markets Equity ETF by 14.8% in the 4th quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock valued at $4,045,000 after buying an additional 6,774 shares in the last quarter. ACT Advisors LLC. increased its position in shares of Avantis Emerging Markets Equity ETF by 3.4% in the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after buying an additional 10,245 shares in the last quarter. Assetmark Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 28,061.5% in the 3rd quarter. Assetmark Inc. now owns 105,324 shares of the company’s stock valued at $7,911,000 after buying an additional 104,950 shares in the last quarter. Finally, Clear Creek Financial Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 105.5% in the 3rd quarter. Clear Creek Financial Management LLC now owns 17,265 shares of the company’s stock valued at $1,297,000 after buying an additional 8,863 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 2.2%

AVEM opened at $93.23 on Tuesday. Avantis Emerging Markets Equity ETF has a 12 month low of $66.19 and a 12 month high of $99.67. The company has a fifty day simple moving average of $90.19 and a 200 day simple moving average of $84.16. The stock has a market cap of $24.31 billion, a P/E ratio of 12.66 and a beta of 0.73.

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.