Stonebrook Private Inc. Purchases Shares of 105,330 Avantis Emerging Markets Equity ETF $AVEM

Stonebrook Private Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 105,330 shares of the company’s stock, valued at approximately $8,112,000. Avantis Emerging Markets Equity ETF comprises about 1.7% of Stonebrook Private Inc.’s portfolio, making the stock its 16th biggest holding.

A number of other institutional investors have also bought and sold shares of AVEM. AQR Capital Management LLC boosted its position in Avantis Emerging Markets Equity ETF by 13.2% during the first quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after acquiring an additional 2,596 shares during the last quarter. M&T Bank Corp bought a new stake in Avantis Emerging Markets Equity ETF during the second quarter valued at $287,000. Diversify Advisory Services LLC bought a new stake in Avantis Emerging Markets Equity ETF during the second quarter valued at $478,000. Diversify Wealth Management LLC boosted its position in Avantis Emerging Markets Equity ETF by 20.3% during the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after acquiring an additional 2,244 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its position in Avantis Emerging Markets Equity ETF by 74.1% during the second quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after acquiring an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.6%

Shares of AVEM opened at $92.69 on Wednesday. The stock has a market capitalization of $24.17 billion, a P/E ratio of 12.66 and a beta of 0.73. The firm’s fifty day simple moving average is $90.47 and its two-hundred day simple moving average is $84.28. Avantis Emerging Markets Equity ETF has a 12 month low of $66.19 and a 12 month high of $99.67.

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.