ShoreHaven Wealth Partners LLC Buys New Holdings in Avantis Emerging Markets Equity ETF $AVEM

ShoreHaven Wealth Partners LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 65,288 shares of the company’s stock, valued at approximately $4,475,000. Avantis Emerging Markets Equity ETF comprises about 1.8% of ShoreHaven Wealth Partners LLC’s portfolio, making the stock its 15th biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. increased its position in Avantis Emerging Markets Equity ETF by 0.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 15,030,769 shares of the company’s stock worth $904,401,000 after purchasing an additional 115,249 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Avantis Emerging Markets Equity ETF by 15.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock worth $143,887,000 after buying an additional 319,437 shares during the period. Cerity Partners LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 4.6% in the first quarter. Cerity Partners LLC now owns 2,295,240 shares of the company’s stock worth $138,105,000 after acquiring an additional 100,298 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 8.6% in the 1st quarter. American Century Companies Inc. now owns 1,930,233 shares of the company’s stock valued at $116,142,000 after acquiring an additional 152,942 shares during the period. Finally, LPL Financial LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 10.0% in the 1st quarter. LPL Financial LLC now owns 1,471,607 shares of the company’s stock valued at $88,547,000 after acquiring an additional 133,886 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.3%

Shares of Avantis Emerging Markets Equity ETF stock opened at $76.10 on Friday. The company has a fifty day moving average price of $73.54 and a 200 day moving average price of $67.86. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $76.80. The stock has a market cap of $13.83 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80.

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.