Avantis Emerging Markets Equity ETF $AVEM Stock Holdings Lifted by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,429 shares of the company’s stock after buying an additional 11,146 shares during the period. Avantis Emerging Markets Equity ETF makes up 3.8% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 7th largest position. Collaborative Wealth Managment Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $8,173,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Winch Advisory Services LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the first quarter worth about $26,000. Rothschild Investment LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 192.7% in the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after purchasing an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $36,000. Hantz Financial Services Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 49.5% in the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after purchasing an additional 183 shares in the last quarter. Finally, Team Financial Group LLC boosted its stake in 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 purchasing an additional 361 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.5%

NYSEARCA:AVEM opened at $92.00 on Thursday. Avantis Emerging Markets Equity ETF has a twelve month low of $68.27 and a twelve month high of $100.83. The company has a market cap of $25.47 billion, a PE ratio of 12.66 and a beta of 0.73. The company’s 50 day moving average is $94.81 and its two-hundred day moving average is $87.69.

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.