Kings Path Partners LLC Boosts Stake in Avantis Emerging Markets Equity ETF $AVEM

Kings Path Partners LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,939 shares of the company’s stock after acquiring an additional 7,571 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 1.8% of Kings Path Partners LLC’s investment portfolio, making the stock its 16th biggest holding. Kings Path Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,588,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. First Hawaiian Bank boosted its stake in shares of Avantis Emerging Markets Equity ETF by 2.5% during the 2nd quarter. First Hawaiian Bank now owns 89,250 shares of the company’s stock worth $6,117,000 after acquiring an additional 2,170 shares in the last quarter. Lam Group Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 26.3% in the 2nd quarter. Lam Group Inc. now owns 14,805 shares of the company’s stock valued at $1,015,000 after buying an additional 3,080 shares in the last quarter. Collective Family Office LLC lifted its stake in Avantis Emerging Markets Equity ETF by 27.8% in the 2nd quarter. Collective Family Office LLC now owns 116,799 shares of the company’s stock valued at $8,005,000 after buying an additional 25,426 shares in the last quarter. McLean Asset Management Corp lifted its stake in Avantis Emerging Markets Equity ETF by 14.2% in the 2nd quarter. McLean Asset Management Corp now owns 137,729 shares of the company’s stock valued at $9,509,000 after buying an additional 17,132 shares in the last quarter. Finally, Modern Wealth Management LLC lifted its stake in Avantis Emerging Markets Equity ETF by 18.0% in the 1st quarter. Modern Wealth Management LLC now owns 4,009 shares of the company’s stock valued at $241,000 after buying an additional 611 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.1%

Shares of Avantis Emerging Markets Equity ETF stock opened at $74.34 on Friday. The firm has a market capitalization of $12.18 billion, a PE ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $74.54. The firm’s 50-day moving average price is $70.73 and its 200 day moving average price is $65.40.

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.