Higgins & Schmidt Wealth Strategies LLC Increases Position in Avantis Emerging Markets Equity ETF $AVEM

Higgins & Schmidt Wealth Strategies LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 148,030 shares of the company’s stock after purchasing an additional 5,827 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 5.4% of Higgins & Schmidt Wealth Strategies LLC’s portfolio, making the stock its 5th biggest position. Higgins & Schmidt Wealth Strategies LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $11,928,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 13.2% in the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after buying an additional 2,596 shares during the period. M&T Bank Corp purchased a new position in shares of Avantis Emerging Markets Equity ETF during the second quarter valued at $287,000. Diversify Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the second quarter valued at $478,000. Diversify Wealth Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 20.3% during the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after buying an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in shares of Avantis Emerging Markets Equity ETF by 74.1% in the second quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after acquiring an additional 6,271 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $94.78 on Thursday. Avantis Emerging Markets Equity ETF has a 1-year low of $67.75 and a 1-year high of $100.83. The business has a 50-day moving average price of $93.58 and a 200 day moving average price of $85.87. The company has a market capitalization of $24.72 billion, a P/E ratio of 12.66 and a beta of 0.73.

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.