WealthPoint Financial LLC bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 21,278 shares of the company’s stock, valued at approximately $1,639,000. Avantis Emerging Markets Equity ETF comprises approximately 1.4% of WealthPoint Financial LLC’s portfolio, making the stock its 25th biggest holding.
A number of other institutional investors and hedge funds also recently bought and sold shares of AVEM. Asempa Wealth Advisors purchased a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at $939,000. Breakwater Capital Group grew its position in Avantis Emerging Markets Equity ETF by 14.8% during the 4th quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after purchasing an additional 6,774 shares during the last quarter. ACT Advisors LLC. grew its position in Avantis Emerging Markets Equity ETF by 3.4% during the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after purchasing an additional 10,245 shares during the last quarter. Greenwood Capital Associates LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 24.5% during the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock worth $3,870,000 after buying an additional 9,895 shares during the last quarter. Finally, Clear Creek Financial Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 105.5% during the third quarter. Clear Creek Financial Management LLC now owns 17,265 shares of the company’s stock worth $1,297,000 after buying an additional 8,863 shares during the last quarter.
Avantis Emerging Markets Equity ETF Stock Up 3.2%
AVEM opened at $99.71 on Friday. Avantis Emerging Markets Equity ETF has a 52 week low of $66.19 and a 52 week high of $100.00. The business has a 50 day moving average price of $92.67 and a two-hundred day moving average price of $85.29. The company has a market cap of $26.00 billion, a PE ratio of 12.66 and a beta of 0.73.
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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Want to see what other hedge funds are holding AVEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report).
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