Retirement Financial Solutions LLC bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund bought 143,070 shares of the company’s stock, valued at approximately $11,019,000. Avantis Emerging Markets Equity ETF accounts for about 3.2% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 15th largest position.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Asempa Wealth Advisors purchased a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $939,000. Breakwater Capital Group boosted its position in Avantis Emerging Markets Equity ETF by 14.8% in the 4th quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock valued at $4,045,000 after buying an additional 6,774 shares during the period. ACT Advisors LLC. boosted its position in Avantis Emerging Markets Equity ETF by 3.4% in the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after buying an additional 10,245 shares during the period. Greenwood Capital Associates LLC boosted its position in Avantis Emerging Markets Equity ETF by 24.5% in the 4th quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock valued at $3,870,000 after buying an additional 9,895 shares during the period. Finally, Assetmark Inc. boosted its position in Avantis Emerging Markets Equity ETF by 28,061.5% in the 3rd quarter. Assetmark Inc. now owns 105,324 shares of the company’s stock valued at $7,911,000 after buying an additional 104,950 shares during the period.
Avantis Emerging Markets Equity ETF Price Performance
Shares of AVEM stock opened at $95.72 on Monday. Avantis Emerging Markets Equity ETF has a 52 week low of $66.19 and a 52 week high of $99.67. The stock has a market capitalization of $24.96 billion, a PE ratio of 12.66 and a beta of 0.73. The firm has a 50 day moving average of $91.32 and a two-hundred day moving average of $84.68.
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.
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