Mayflower Financial Advisors LLC Buys 10,930 Shares of Avantis Emerging Markets Equity ETF $AVEM

Mayflower Financial Advisors LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 21.8% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 61,074 shares of the company’s stock after acquiring an additional 10,930 shares during the period. Mayflower Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,921,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of AVEM. AQR Capital Management LLC increased its stake in 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 valued at $1,336,000 after buying an additional 2,596 shares during the last quarter. M&T Bank Corp purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the second quarter valued at approximately $287,000. Diversify Advisory Services LLC bought a new stake in Avantis Emerging Markets Equity ETF during the second quarter worth $478,000. Diversify Wealth Management LLC lifted its holdings in 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 worth $946,000 after acquiring an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP boosted its position in 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 worth $1,010,000 after purchasing an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $95.10 on Tuesday. The company has a market capitalization of $24.80 billion, a P/E ratio of 12.66 and a beta of 0.73. The business has a fifty day simple moving average of $94.00 and a two-hundred day simple moving average of $86.25. Avantis Emerging Markets Equity ETF has a 1 year low of $68.03 and a 1 year high of $100.83.

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.