Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 312,781 shares of the company’s stock after buying an additional 31,037 shares during the period. Avantis Emerging Markets Equity ETF makes up 3.4% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 5th largest holding. Pasadena Private Wealth LLC owned about 0.17% of Avantis Emerging Markets Equity ETF worth $23,493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Silver Oak Wealth Advisors Services LLC boosted its stake in Avantis Emerging Markets Equity ETF by 2.8% in the third quarter. Silver Oak Wealth Advisors Services LLC now owns 103,719 shares of the company’s stock valued at $7,790,000 after acquiring an additional 2,867 shares in the last quarter. Visionary Horizons LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 8.1% in the 3rd quarter. Visionary Horizons LLC now owns 81,702 shares of the company’s stock valued at $6,137,000 after purchasing an additional 6,093 shares during the last quarter. ShoreHaven Wealth Partners LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 102.2% in the 3rd quarter. ShoreHaven Wealth Partners LLC now owns 131,986 shares of the company’s stock valued at $9,913,000 after purchasing an additional 66,698 shares during the last quarter. Clarity Capital Advisors LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 2.4% in the 3rd quarter. Clarity Capital Advisors LLC now owns 22,624 shares of the company’s stock valued at $1,699,000 after purchasing an additional 541 shares during the period. Finally, HB Wealth Management LLC grew its stake in Avantis Emerging Markets Equity ETF by 1.8% during the 3rd quarter. HB Wealth Management LLC now owns 1,035,739 shares of the company’s stock worth $77,794,000 after buying an additional 17,897 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.6%

AVEM opened at $79.98 on Friday. The firm has a market cap of $16.68 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $80.38. The business’s 50 day moving average is $77.02 and its two-hundred day moving average is $74.03.

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.