Acima Private Wealth LLC lifted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 8.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,961 shares of the company’s stock after buying an additional 7,855 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 2.7% of Acima Private Wealth LLC’s holdings, making the stock its 15th largest position. Acima Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $9,304,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of AVEM. Ballew Advisors Inc acquired a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth $354,000. Adelphi Trust Co boosted its holdings in Avantis Emerging Markets Equity ETF by 7.5% during the third quarter. Adelphi Trust Co now owns 50,620 shares of the company’s stock valued at $4,759,000 after acquiring an additional 3,532 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in shares of Avantis Emerging Markets Equity ETF by 3.0% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 265,615 shares of the company’s stock valued at $24,973,000 after purchasing an additional 7,807 shares during the last quarter. QRG Capital Management Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 31.9% in the second quarter. QRG Capital Management Inc. now owns 16,135 shares of the company’s stock worth $1,557,000 after purchasing an additional 3,898 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 0.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 30,820 shares of the company’s stock worth $2,974,000 after purchasing an additional 273 shares during the period.
Avantis Emerging Markets Equity ETF Price Performance
Shares of NYSEARCA AVEM traded up $1.25 during trading hours on Monday, hitting $96.66. 1,138,620 shares of the company’s stock were exchanged, compared to its average volume of 1,919,872. The company’s 50-day moving average price is $93.53 and its 200-day moving average price is $91.74. Avantis Emerging Markets Equity ETF has a 1-year low of $72.94 and a 1-year high of $100.83. The stock has a market capitalization of $29.19 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75.
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.
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