Avantis Emerging Markets Equity ETF $AVEM Stock Bought by Invenio Wealth Partners LLC

Invenio Wealth Partners LLC increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 23.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 162,876 shares of the company’s stock after purchasing an additional 31,399 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 5.7% of Invenio Wealth Partners LLC’s investment portfolio, making the stock its 5th largest holding. Invenio Wealth Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $15,314,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Freedom Day Solutions LLC bought a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $521,000. CWA Asset Management Group LLC increased its position in Avantis Emerging Markets Equity ETF by 3.2% in the third quarter. CWA Asset Management Group LLC now owns 6,908 shares of the company’s stock worth $650,000 after purchasing an additional 213 shares during the period. Highland Financial Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 3.7% during the 3rd quarter. Highland Financial Advisors LLC now owns 120,023 shares of the company’s stock worth $11,285,000 after purchasing an additional 4,260 shares during the last quarter. Lifelong Wealth Advisors Inc. lifted its position in Avantis Emerging Markets Equity ETF by 2.5% during the 3rd quarter. Lifelong Wealth Advisors Inc. now owns 31,351 shares of the company’s stock valued at $2,948,000 after purchasing an additional 767 shares during the period. Finally, LexAurum Advisors LLC lifted its position in Avantis Emerging Markets Equity ETF by 3.8% during the 3rd quarter. LexAurum Advisors LLC now owns 81,783 shares of the company’s stock valued at $7,689,000 after purchasing an additional 2,971 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 0.6%

Shares of NYSEARCA AVEM opened at $89.44 on Tuesday. The firm has a market capitalization of $27.06 billion, a PE ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 1 year low of $73.79 and a 1 year high of $100.83. The firm’s 50-day moving average is $94.09 and its 200-day moving average is $92.70.

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.