Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 29.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 41,586 shares of the company’s stock after acquiring an additional 9,535 shares during the period. Global Retirement Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,203,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AVEM. Team Financial Group LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 184.2% in the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares during the last quarter. MeadowBrook Investment Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $65,000. LGT Financial Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $78,000. Spire Wealth Management raised its position in shares of Avantis Emerging Markets Equity ETF by 43.4% in the fourth quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock valued at $83,000 after buying an additional 326 shares during the last quarter. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $91,000.

Avantis Emerging Markets Equity ETF Stock Down 0.1%

Shares of NYSEARCA AVEM opened at $93.05 on Friday. The firm has a 50-day simple moving average of $86.83 and a 200-day simple moving average of $82.66. The stock has a market capitalization of $24.27 billion, a price-to-earnings ratio of 12.66 and a beta of 0.72. Avantis Emerging Markets Equity ETF has a 52 week low of $63.91 and a 52 week high of $96.07.

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.