Columbia Advisory Partners LLC Purchases New Shares in Avantis Emerging Markets Equity ETF $AVEM

Columbia Advisory Partners LLC purchased a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 27,345 shares of the company’s stock, valued at approximately $2,203,000. Avantis Emerging Markets Equity ETF accounts for 1.4% of Columbia Advisory Partners LLC’s investment portfolio, making the stock its 18th largest holding.

A number of other institutional investors have also added to or reduced their stakes in AVEM. Rothschild Investment LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 192.7% during the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after buying an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter worth about $36,000. Team Financial Group LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after acquiring an additional 361 shares in the last quarter. Hantz Financial Services Inc. lifted its position in Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after acquiring an additional 183 shares during the period. Finally, Motiv8 Investments LLC bought a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $96.49 on Wednesday. The company has a 50 day simple moving average of $94.13 and a two-hundred day simple moving average of $86.38. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.15 and a fifty-two week high of $100.83. The company has a market capitalization of $25.16 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

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.