Uptick Partners LLC Purchases New Stake in Avantis Emerging Markets Equity ETF $AVEM

Uptick Partners LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,403 shares of the company’s stock, valued at approximately $516,000.

Several other institutional investors also recently bought and sold shares of the business. Asempa Wealth Advisors purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth about $939,000. Breakwater Capital Group raised its holdings in shares of Avantis Emerging Markets Equity ETF by 14.8% during the 4th quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock valued at $4,045,000 after buying an additional 6,774 shares during the period. Greenwood Capital Associates LLC lifted its position in Avantis Emerging Markets Equity ETF by 24.5% during the 4th quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock worth $3,870,000 after acquiring an additional 9,895 shares in the last quarter. ACT Advisors LLC. lifted its position in Avantis Emerging Markets Equity ETF by 3.4% during the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after acquiring an additional 10,245 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc boosted its holdings in Avantis Emerging Markets Equity ETF by 16.0% in the 4th quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock worth $18,010,000 after acquiring an additional 32,228 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 3.3%

Shares of NYSEARCA:AVEM opened at $91.00 on Tuesday. Avantis Emerging Markets Equity ETF has a 52-week low of $68.27 and a 52-week high of $100.83. The company has a 50 day moving average of $94.86 and a two-hundred day moving average of $87.47. The company has a market capitalization of $25.03 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

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.