Marks Group Wealth Management Inc Purchases 29,119 Shares of Avantis Emerging Markets Equity ETF $AVEM

Marks Group Wealth Management Inc increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1,031.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,941 shares of the company’s stock after purchasing an additional 29,119 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Avantis Emerging Markets Equity ETF were worth $2,574,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Asempa Wealth Advisors acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at $939,000. Breakwater Capital Group boosted 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 worth $4,045,000 after purchasing an additional 6,774 shares during the last quarter. Greenwood Capital Associates LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 24.5% during the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock worth $3,870,000 after purchasing an additional 9,895 shares during the period. ACT Advisors LLC. grew its stake in shares of Avantis Emerging Markets Equity ETF by 3.4% during the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after purchasing an additional 10,245 shares during the period. Finally, CoreCap Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 38.8% during the fourth quarter. CoreCap Advisors LLC now owns 50,065 shares of the company’s stock worth $3,856,000 after purchasing an additional 13,998 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.5%

NYSEARCA AVEM opened at $92.00 on Thursday. Avantis Emerging Markets Equity ETF has a 12 month low of $68.27 and a 12 month high of $100.83. The stock has a 50-day simple moving average of $94.81 and a 200 day simple moving average of $87.69. The company has a market capitalization of $25.47 billion, a PE ratio of 12.66 and a beta of 0.73.

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.