Rockwood Wealth Management LLC Boosts Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Rockwood Wealth Management LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 546,043 shares of the company’s stock after buying an additional 15,385 shares during the period. Avantis Emerging Markets Equity ETF comprises about 3.1% of Rockwood Wealth Management LLC’s holdings, making the stock its 8th largest position. Rockwood Wealth Management LLC owned approximately 0.21% of Avantis Emerging Markets Equity ETF worth $44,000,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of AVEM. AQR Capital Management LLC lifted its stake in Avantis Emerging Markets Equity ETF by 13.2% in the first quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after purchasing an additional 2,596 shares during the last quarter. M&T Bank Corp purchased a new stake in Avantis Emerging Markets Equity ETF in the second quarter worth $287,000. Diversify Advisory Services LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at $478,000. Diversify Wealth Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 20.3% in the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after buying an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP lifted its position in shares of Avantis Emerging Markets Equity ETF by 74.1% during the 2nd quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after buying an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 2.9%

AVEM opened at $92.59 on Wednesday. The company has a market capitalization of $25.41 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The firm has a 50-day moving average price of $94.56 and a 200-day moving average price of $86.99. Avantis Emerging Markets Equity ETF has a twelve month low of $68.27 and a twelve month high of $100.83.

About Avantis Emerging Markets Equity ETF

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.