Marks Group Wealth Management Inc Has $2.57 Million Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Marks Group Wealth Management Inc boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1,031.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,941 shares of the company’s stock after acquiring an additional 29,119 shares during the period. Marks Group Wealth Management Inc’s holdings in Avantis Emerging Markets Equity ETF were worth $2,574,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVEM. AQR Capital Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 13.2% during the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after purchasing an additional 2,596 shares in the last quarter. M&T Bank Corp acquired a new position in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at $287,000. Diversify Advisory Services LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at $478,000. Diversify Wealth Management LLC lifted its position in Avantis Emerging Markets Equity ETF by 20.3% in the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock worth $946,000 after purchasing an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP lifted its position in Avantis Emerging Markets Equity ETF by 74.1% in the second quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock worth $1,010,000 after purchasing an additional 6,271 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $92.00 on Thursday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.27 and a fifty-two week high of $100.83. The firm’s fifty day moving average price is $94.81 and its two-hundred day moving average price is $87.69. The company has a market capitalization of $25.47 billion, a P/E ratio of 12.66 and a beta of 0.73.

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.