Scarborough Advisors LLC Has $14.49 Million Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Scarborough Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 219,203.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 179,829 shares of the company’s stock after acquiring an additional 179,747 shares during the period. Avantis Emerging Markets Equity ETF makes up 1.6% of Scarborough Advisors LLC’s holdings, making the stock its 21st largest position. Scarborough Advisors LLC owned 0.07% of Avantis Emerging Markets Equity ETF worth $14,491,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in AVEM. Winch Advisory Services LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the 1st quarter worth $26,000. Rothschild Investment LLC lifted its stake in Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after buying an additional 289 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $36,000. Hantz Financial Services Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 49.5% during the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after buying an additional 183 shares during the last quarter. Finally, Team Financial Group LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after buying an additional 361 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $89.26 on Monday. The firm has a market capitalization of $24.86 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 1 year low of $68.27 and a 1 year high of $100.83. The business has a 50-day moving average of $94.61 and a 200-day moving average of $87.87.

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.