EverSource Wealth Advisors LLC Boosts Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

EverSource Wealth Advisors LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 306.1% during the fourth quarter, Holdings Channel reports. The fund owned 41,929 shares of the company’s stock after acquiring an additional 31,603 shares during the period. EverSource Wealth Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,229,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Team Financial Group LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after acquiring an additional 361 shares during the period. MeadowBrook Investment Advisors LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth $65,000. LGT Financial Advisors LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $78,000. Spire Wealth Management increased its position in shares of Avantis Emerging Markets Equity ETF by 43.4% during the fourth quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock worth $83,000 after acquiring an additional 326 shares during the period. Finally, TD Waterhouse Canada Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $91,000.

Avantis Emerging Markets Equity ETF Trading Down 0.1%

Avantis Emerging Markets Equity ETF stock opened at $93.05 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $63.91 and a twelve month high of $96.07. The stock’s fifty day simple moving average is $86.83 and its 200-day simple moving average is $82.66. The firm has a market capitalization of $24.27 billion, a P/E ratio of 12.66 and a beta of 0.72.

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.