Maseco LLP Takes Position in Avantis Emerging Markets Equity ETF $AVEM

Maseco LLP acquired a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,160,605 shares of the company’s stock, valued at approximately $93,504,000. Avantis Emerging Markets Equity ETF accounts for about 2.9% of Maseco LLP’s holdings, making the stock its 10th largest holding.

A number of other hedge funds have also modified their holdings of AVEM. Rothschild Investment LLC grew its stake in shares of 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 acquiring an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $36,000. Team Financial Group LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 184.2% in the fourth 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. lifted its position in shares of Avantis Emerging Markets Equity ETF by 49.5% in the fourth 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, Motiv8 Investments LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth $47,000.

Avantis Emerging Markets Equity ETF Trading Up 0.9%

Avantis Emerging Markets Equity ETF stock opened at $95.62 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $68.00 and a 1-year high of $100.83. The company has a fifty day simple moving average of $93.73 and a 200 day simple moving average of $86.00. The company has a market cap of $24.94 billion, a P/E ratio of 12.66 and a beta of 0.73.

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.