HighTower Advisors LLC Raises Holdings in Avantis Emerging Markets Equity ETF $AVEM

HighTower Advisors LLC lifted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,263,581 shares of the company’s stock after buying an additional 126,853 shares during the quarter. HighTower Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $170,017,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AVEM. NorthStar Asset Management LLC NJ boosted its position in shares of Avantis Emerging Markets Equity ETF by 12.8% during the 3rd quarter. NorthStar Asset Management LLC NJ now owns 39,224 shares of the company’s stock worth $2,946,000 after purchasing an additional 4,436 shares in the last quarter. Mason & Associates Inc increased its holdings in shares of Avantis Emerging Markets Equity ETF by 58.7% in the 3rd quarter. Mason & Associates Inc now owns 138,376 shares of the company’s stock valued at $10,393,000 after purchasing an additional 51,182 shares in the last quarter. Balboa Wealth Partners acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $755,000. Prospect Financial Group LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 6.8% in the third quarter. Prospect Financial Group LLC now owns 27,247 shares of the company’s stock valued at $2,046,000 after purchasing an additional 1,745 shares during the period. Finally, Objectivity Squared LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 10.4% during the third quarter. Objectivity Squared LLC now owns 79,920 shares of the company’s stock worth $6,003,000 after buying an additional 7,546 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.4%

Shares of Avantis Emerging Markets Equity ETF stock opened at $86.27 on Monday. The company has a 50-day moving average of $80.31 and a two-hundred day moving average of $76.56. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $87.56. The stock has a market cap of $19.07 billion, a PE 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.