Avantis Emerging Markets Equity ETF $AVEM is Morton Brown Family Wealth LLC’s 2nd Largest Position

Morton Brown Family Wealth LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 465,309 shares of the company’s stock after acquiring an additional 10,704 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 9.9% of Morton Brown Family Wealth LLC’s investment portfolio, making the stock its 2nd biggest position. Morton Brown Family Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $37,495,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Maseco LLP purchased a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at about $93,504,000. Parkway Wealth Management Group LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 23.2% in the 1st quarter. Parkway Wealth Management Group LLC now owns 5,585 shares of the company’s stock valued at $478,000 after purchasing an additional 1,051 shares in the last quarter. Hoxton Planning & Management LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 3.4% in the 1st quarter. Hoxton Planning & Management LLC now owns 9,855 shares of the company’s stock valued at $794,000 after purchasing an additional 325 shares in the last quarter. Silver Oak Securities Incorporated boosted its stake in shares of Avantis Emerging Markets Equity ETF by 43.5% during the 1st quarter. Silver Oak Securities Incorporated now owns 9,803 shares of the company’s stock valued at $790,000 after buying an additional 2,972 shares during the last quarter. Finally, Longview Financial Advisors Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at approximately $78,000.

Avantis Emerging Markets Equity ETF Trading Up 0.9%

AVEM stock opened at $95.62 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $68.00 and a twelve month high of $100.83. The company has a market capitalization of $24.94 billion, a P/E ratio of 12.66 and a beta of 0.73. The firm has a 50 day simple moving average of $93.73 and a 200-day simple moving average of $86.00.

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.