MFA Wealth Advisors LLC Buys 7,193 Shares of Avantis Emerging Markets Equity ETF $AVEM

MFA Wealth Advisors LLC raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 192,951 shares of the company’s stock after buying an additional 7,193 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 3.1% of MFA Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. MFA Wealth Advisors LLC owned 0.09% of Avantis Emerging Markets Equity ETF worth $14,861,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. American Capital Advisory LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $30,000. Team Financial Group LLC lifted its position 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 valued at $43,000 after acquiring an additional 361 shares in the last quarter. Tripletail Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $49,000. Spire Wealth Management boosted its stake in Avantis Emerging Markets Equity ETF by 324.9% in the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after purchasing an additional 575 shares during the period. Finally, Mather Group LLC. acquired a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $57,000.

Avantis Emerging Markets Equity ETF Trading Down 0.2%

AVEM stock opened at $78.60 on Friday. The stock has a 50-day moving average price of $83.83 and a two-hundred day moving average price of $79.20. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $89.75. The stock has a market cap of $17.37 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.