Financial Plan Inc. lifted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 7.0% in the first quarter, HoldingsChannel.com reports. The fund owned 506,092 shares of the company’s stock after buying an additional 32,981 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 4.4% of Financial Plan Inc.’s portfolio, making the stock its 7th biggest holding. Financial Plan Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $40,781,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Trademark Financial Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the first quarter valued at $538,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 1st quarter worth $394,000. SOL Capital Management CO lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 532.5% in the 1st quarter. SOL Capital Management CO now owns 169,416 shares of the company’s stock valued at $13,652,000 after acquiring an additional 142,629 shares during the last quarter. Axis Wealth Partners LLC purchased a new position in Avantis Emerging Markets Equity ETF in the first quarter worth about $324,000. Finally, BetterWealth LLC grew its position in Avantis Emerging Markets Equity ETF by 0.4% in the first quarter. BetterWealth LLC now owns 109,104 shares of the company’s stock worth $8,792,000 after acquiring an additional 432 shares in the last quarter.
Avantis Emerging Markets Equity ETF Price Performance
NYSEARCA:AVEM opened at $92.44 on Friday. The business has a 50 day simple moving average of $94.31 and a 200-day simple moving average of $86.61. Avantis Emerging Markets Equity ETF has a 1 year low of $68.15 and a 1 year high of $100.83. The firm has a market capitalization of $25.11 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.
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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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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