Maia Wealth LLC Makes New $2.14 Million Investment in Avantis Emerging Markets Equity ETF $AVEM

Maia Wealth LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 27,436 shares of the company’s stock, valued at approximately $2,140,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nicolet Bankshares Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 3.4% in the third quarter. Nicolet Bankshares Inc. now owns 201,816 shares of the company’s stock worth $15,158,000 after buying an additional 6,706 shares in the last quarter. Plum Street Advisors LLC grew its stake in Avantis Emerging Markets Equity ETF by 1.2% during the third quarter. Plum Street Advisors LLC now owns 30,424 shares of the company’s stock valued at $2,285,000 after acquiring an additional 360 shares in the last quarter. Invenio Wealth Partners LLC purchased a new position in Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $4,912,000. Pathstone Holdings LLC increased its holdings in Avantis Emerging Markets Equity ETF by 0.7% during the 3rd quarter. Pathstone Holdings LLC now owns 22,116 shares of the company’s stock worth $1,661,000 after acquiring an additional 144 shares during the period. Finally, WealthCollab LLC increased its holdings in Avantis Emerging Markets Equity ETF by 3.6% during the 3rd quarter. WealthCollab LLC now owns 50,367 shares of the company’s stock worth $3,783,000 after acquiring an additional 1,744 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $80.47 on Friday. The company’s 50 day simple moving average is $83.74 and its two-hundred day simple moving average is $78.51. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $89.75. The stock has a market capitalization of $17.78 billion, a PE ratio of 12.66 and a beta of 0.68.

Avantis Emerging Markets Equity ETF Company 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.