A4 Wealth Advisors LLC Makes New Investment in Avantis Emerging Markets Equity ETF $AVEM

A4 Wealth Advisors LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 16,917 shares of the company’s stock, valued at approximately $1,271,000. Avantis Emerging Markets Equity ETF accounts for about 1.1% of A4 Wealth Advisors LLC’s holdings, making the stock its 29th largest holding.

Several other institutional investors have also recently made changes to their positions in AVEM. Centennial Wealth Advisory LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 48.4% during the third quarter. Centennial Wealth Advisory LLC now owns 26,705 shares of the company’s stock worth $2,006,000 after buying an additional 8,707 shares during the period. CFS Investment Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $3,713,000. Modera Wealth Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 0.7% in the 2nd quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock valued at $12,411,000 after purchasing an additional 1,234 shares during the last quarter. Atlas Brown Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 223.9% in the third quarter. Atlas Brown Inc. now owns 13,051 shares of the company’s stock valued at $980,000 after purchasing an additional 9,022 shares during the period. Finally, White Pine Investment CO acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $2,799,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $83.16 on Monday. The business’s fifty day moving average price is $78.67 and its 200 day moving average price is $75.54. The firm has a market capitalization of $18.36 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $85.65.

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.