BetterWealth LLC Buys New Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

BetterWealth LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 84,123 shares of the company’s stock, valued at approximately $4,946,000. Avantis Emerging Markets Equity ETF comprises about 1.4% of BetterWealth LLC’s portfolio, making the stock its 13th biggest position.

Other large investors also recently modified their holdings of the company. Iron Horse Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth about $28,000. Northwest Investment Counselors LLC purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $37,000. City State Bank acquired a new position in Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $45,000. Brown Lisle Cummings Inc. purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth approximately $82,000. Finally, FMR LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after acquiring an additional 1,393 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.6 %

Shares of AVEM stock opened at $58.95 on Wednesday. The company has a market cap of $5.28 billion, a PE ratio of 9.91 and a beta of 0.88. The company’s fifty day simple moving average is $59.99 and its 200-day simple moving average is $61.28. Avantis Emerging Markets Equity ETF has a 52 week low of $54.33 and a 52 week high of $66.31.

About Avantis Emerging Markets Equity ETF

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.