Rockwood Wealth Management LLC Boosts Stake in Avantis Emerging Markets Equity ETF $AVEM

Rockwood Wealth Management LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 546,043 shares of the company’s stock after purchasing an additional 15,385 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 3.1% of Rockwood Wealth Management LLC’s holdings, making the stock its 8th largest holding. Rockwood Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $44,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Rothschild Investment LLC grew its position 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 valued at $34,000 after purchasing an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth $36,000. Team Financial Group LLC boosted its stake in Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares during the period. Hantz Financial Services Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 49.5% during the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after buying an additional 183 shares during the period. Finally, Motiv8 Investments LLC purchased a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $47,000.

Avantis Emerging Markets Equity ETF Stock Down 2.9%

Shares of NYSEARCA AVEM opened at $92.59 on Wednesday. The firm has a market capitalization of $25.41 billion, a P/E ratio of 12.66 and a beta of 0.73. The stock’s 50-day simple moving average is $94.56 and its two-hundred day simple moving average is $86.99. Avantis Emerging Markets Equity ETF has a twelve month low of $68.27 and a twelve month high of $100.83.

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.