SOL Capital Management CO Purchases 142,629 Shares of Avantis Emerging Markets Equity ETF $AVEM

SOL Capital Management CO increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 532.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 169,416 shares of the company’s stock after acquiring an additional 142,629 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 5.8% of SOL Capital Management CO’s investment portfolio, making the stock its 7th biggest position. SOL Capital Management CO’s holdings in Avantis Emerging Markets Equity ETF were worth $13,652,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AVEM. Asempa Wealth Advisors bought a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $939,000. Breakwater Capital Group boosted its position in shares of Avantis Emerging Markets Equity ETF by 14.8% in the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock valued at $4,045,000 after acquiring an additional 6,774 shares during the period. Greenwood Capital Associates LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 24.5% in the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock valued at $3,870,000 after acquiring an additional 9,895 shares during the period. ACT Advisors LLC. grew its stake in shares of Avantis Emerging Markets Equity ETF by 3.4% in the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after acquiring an additional 10,245 shares during the last quarter. Finally, Armstrong Fleming & Moore Inc grew its stake in shares of Avantis Emerging Markets Equity ETF by 16.0% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock worth $18,010,000 after acquiring an additional 32,228 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.2%

Shares of AVEM stock opened at $92.44 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $68.15 and a 1 year high of $100.83. The firm’s fifty day simple moving average is $94.31 and its 200 day simple moving average is $86.61. The firm has a market capitalization of $25.11 billion, a P/E ratio of 12.66 and a beta of 0.73.

Avantis Emerging Markets Equity ETF Company 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.