Total Clarity Wealth Management Inc. Has $1.58 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Total Clarity Wealth Management Inc. grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 79.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,600 shares of the company’s stock after acquiring an additional 8,655 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $1,579,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of AVEM. IFP Advisors Inc raised its holdings in Avantis Emerging Markets Equity ETF by 0.4% during the 4th quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock worth $2,190,000 after buying an additional 120 shares during the period. Investmark Advisory Group LLC lifted its stake in Avantis Emerging Markets Equity ETF by 1.8% in the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock valued at $517,000 after buying an additional 121 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 0.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock valued at $3,370,000 after buying an additional 130 shares during the period. Hardin Capital Partners LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 1.0% in the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock valued at $1,056,000 after buying an additional 135 shares during the period. Finally, BLVD Private Wealth LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 0.6% during the fourth quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock worth $1,716,000 after acquiring an additional 140 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.5%

AVEM stock opened at $100.18 on Tuesday. The stock has a 50-day moving average price of $93.24 and a two-hundred day moving average price of $85.62. Avantis Emerging Markets Equity ETF has a 1 year low of $66.19 and a 1 year high of $100.83. The stock has a market cap of $26.13 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.