EverSource Wealth Advisors LLC Raises Position in Avantis Emerging Markets Equity ETF $AVEM

EverSource Wealth Advisors LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 45.8% during the first quarter, HoldingsChannel reports. The fund owned 61,151 shares of the company’s stock after acquiring an additional 19,222 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,928,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Winch Advisory Services LLC purchased a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at about $26,000. Rothschild Investment LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 192.7% in the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after acquiring an additional 289 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $36,000. Hantz Financial Services Inc. increased its stake in Avantis Emerging Markets Equity ETF by 49.5% in the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after purchasing an additional 183 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth $47,000.

Avantis Emerging Markets Equity ETF Trading Down 2.1%

NYSEARCA:AVEM opened at $85.87 on Thursday. Avantis Emerging Markets Equity ETF has a 12-month low of $68.27 and a 12-month high of $100.83. The firm has a market cap of $24.44 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The company’s 50-day moving average is $94.03 and its two-hundred day moving average is $88.48.

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.