Mayflower Financial Advisors LLC Has $3.86 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Mayflower Financial Advisors LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 90.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,144 shares of the company’s stock after purchasing an additional 23,755 shares during the period. Mayflower Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,862,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also 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 fourth quarter valued at about $939,000. Breakwater Capital Group raised its stake in 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 in the last quarter. CFS Investment Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $3,713,000. Centennial Wealth Advisory LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 48.4% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 26,705 shares of the company’s stock valued at $2,006,000 after purchasing an additional 8,707 shares during the period. Finally, White Pine Investment CO acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $2,799,000.

Avantis Emerging Markets Equity ETF Trading Down 3.4%

Shares of AVEM opened at $78.73 on Friday. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $89.75. The firm’s 50 day moving average is $83.88 and its 200-day moving average is $79.12. The stock has a market capitalization of $17.40 billion, a PE ratio of 12.66 and a beta of 0.68.

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.