Hamilton Point Investment Advisors LLC Takes Position in Avantis Emerging Markets Equity ETF $AVEM

Hamilton Point Investment Advisors LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 119,980 shares of the company’s stock, valued at approximately $9,668,000. Avantis Emerging Markets Equity ETF makes up about 1.5% of Hamilton Point Investment Advisors LLC’s holdings, making the stock its 18th biggest holding.

Other hedge funds have also recently modified their holdings of the company. Asempa Wealth Advisors bought a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth about $939,000. Breakwater Capital Group lifted its position in shares of Avantis Emerging Markets Equity ETF by 14.8% in the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after buying an additional 6,774 shares in the last quarter. Greenwood Capital Associates LLC boosted its stake in Avantis Emerging Markets Equity ETF by 24.5% during the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock valued at $3,870,000 after buying an additional 9,895 shares during the last quarter. ACT Advisors LLC. boosted its stake in Avantis Emerging Markets Equity ETF by 3.4% during the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after buying an additional 10,245 shares during the last quarter. Finally, Echo Wealth Management LLC boosted its stake in Avantis Emerging Markets Equity ETF by 31.1% during the fourth quarter. Echo Wealth Management LLC now owns 102,188 shares of the company’s stock valued at $7,871,000 after buying an additional 24,256 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $89.26 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $68.27 and a 1-year high of $100.83. The business has a 50 day simple moving average of $94.61 and a two-hundred day simple moving average of $87.79. The stock has a market capitalization of $24.86 billion, a PE ratio of 12.66 and a beta of 0.73.

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.