Hicks Capital Management LLC Buys Shares of 21,730 Avantis Emerging Markets Equity ETF $AVEM

Hicks Capital Management LLC bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 21,730 shares of the company’s stock, valued at approximately $1,674,000. Avantis Emerging Markets Equity ETF comprises 1.7% of Hicks Capital Management LLC’s investment portfolio, making the stock its 14th biggest position.

Several other hedge funds and other institutional investors also recently modified their holdings of AVEM. AQR Capital Management LLC grew its stake in shares of 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 purchasing an additional 2,596 shares during the last quarter. M&T Bank Corp purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at approximately $287,000. Diversify Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at approximately $478,000. Diversify Wealth Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 20.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after purchasing an additional 2,244 shares during the last quarter. Finally, Quantinno Capital Management LP grew its stake in shares of Avantis Emerging Markets Equity ETF by 74.1% in the 2nd quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after purchasing an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $91.88 on Monday. The business’s 50 day moving average is $85.87 and its two-hundred day moving average is $82.19. Avantis Emerging Markets Equity ETF has a twelve month low of $63.91 and a twelve month high of $96.07. The company has a market capitalization of $23.96 billion, a P/E ratio of 12.66 and a beta of 0.72.

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.