Focus Partners Advisor Solutions LLC Purchases 198,647 Shares of Avantis Emerging Markets Equity ETF $AVEM

Focus Partners Advisor Solutions LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 75.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 460,255 shares of the company’s stock after acquiring an additional 198,647 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $35,449,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC increased its holdings in Avantis Emerging Markets Equity ETF by 192.7% during the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth about $36,000. Team Financial Group LLC increased its holdings in Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after purchasing an additional 361 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after purchasing an additional 183 shares in the last quarter. Finally, Evolution Wealth Management Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 209.7% during the 4th quarter. Evolution Wealth Management Inc. now owns 703 shares of the company’s stock worth $54,000 after purchasing an additional 476 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 2.2%

AVEM stock opened at $93.23 on Tuesday. The stock has a 50-day moving average price of $90.19 and a two-hundred day moving average price of $84.16. The stock has a market cap of $24.31 billion, a PE ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 1 year low of $66.19 and a 1 year high of $99.67.

Avantis Emerging Markets Equity ETF 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.