Collaborative Wealth Managment Inc. Has $6.95 Million Holdings in Avantis Emerging Markets Equity ETF $AVEM

Collaborative Wealth Managment Inc. increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.3% during the fourth quarter, Holdings Channel reports. The fund owned 90,283 shares of the company’s stock after acquiring an additional 9,165 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 2.5% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 11th largest holding. Collaborative Wealth Managment Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $6,954,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the company. Kestra Investment Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 3,618.9% during the fourth quarter. Kestra Investment Management LLC now owns 1,475,543 shares of the company’s stock valued at $113,646,000 after acquiring an additional 1,435,866 shares during the period. Diversified Portfolios Inc. grew its position in Avantis Emerging Markets Equity ETF by 9.3% during the fourth quarter. Diversified Portfolios Inc. now owns 549,538 shares of the company’s stock valued at $42,325,000 after purchasing an additional 46,703 shares in the last quarter. GatePass Capital LLC purchased a new position in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $344,000. Harbour Investments Inc. grew its position in Avantis Emerging Markets Equity ETF by 26.6% during the fourth quarter. Harbour Investments Inc. now owns 773,518 shares of the company’s stock valued at $59,576,000 after purchasing an additional 162,493 shares in the last quarter. Finally, MSH Capital Advisors LLC purchased a new position in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $289,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $93.05 on Tuesday. The company’s 50 day moving average price is $87.08 and its 200 day moving average price is $82.80. Avantis Emerging Markets Equity ETF has a 52 week low of $63.91 and a 52 week high of $96.07. The company has a market capitalization of $24.27 billion, a PE ratio of 12.66 and a beta of 0.72.

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.