Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Fortis Capital Management LLC

Fortis Capital Management LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 190.2% in the first quarter, Holdings Channel reports. The fund owned 20,284 shares of the company’s stock after buying an additional 13,294 shares during the period. Fortis Capital Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,635,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Winch Advisory Services LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at $26,000. Rothschild Investment LLC lifted 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 worth $34,000 after purchasing an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth $36,000. Team Financial Group LLC grew its stake in shares of 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 worth $43,000 after purchasing an additional 361 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its stake in shares of 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 worth $43,000 after purchasing an additional 183 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $91.70 on Wednesday. The firm has a market capitalization of $25.54 billion, a PE ratio of 12.66 and a beta of 0.73. The business’s fifty day moving average price is $94.45 and its 200 day moving average price is $88.06. Avantis Emerging Markets Equity ETF has a 12 month low of $68.27 and a 12 month high of $100.83.

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.