Wealth Alliance LLC Boosts Holdings in Avantis Emerging Markets Equity ETF $AVEM

Wealth Alliance LLC grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 105.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,781 shares of the company’s stock after purchasing an additional 25,017 shares during the quarter. Wealth Alliance LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,931,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. AQR Capital Management LLC boosted its holdings 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 worth $1,336,000 after buying an additional 2,596 shares during the last quarter. M&T Bank Corp acquired a new position in shares of Avantis Emerging Markets Equity ETF during the second quarter valued at approximately $287,000. Diversify Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $478,000. Diversify Wealth Management LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 20.3% in the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after acquiring an additional 2,244 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of 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 acquiring an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $89.29 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $68.27 and a 1 year high of $100.83. The firm has a market capitalization of $25.08 billion, a PE ratio of 12.66 and a beta of 0.73. The business’s 50 day moving average price is $94.26 and its 200-day moving average price is $88.25.

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.