ShoreHaven Wealth Partners LLC Has $9.91 Million Holdings in Avantis Emerging Markets Equity ETF $AVEM

ShoreHaven Wealth Partners LLC boosted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 102.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 131,986 shares of the company’s stock after acquiring an additional 66,698 shares during the period. Avantis Emerging Markets Equity ETF accounts for 3.7% of ShoreHaven Wealth Partners LLC’s portfolio, making the stock its 7th biggest position. ShoreHaven Wealth Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $9,913,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 2,366.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock valued at $25,000 after purchasing an additional 355 shares during the last quarter. AdvisorNet Financial Inc grew its holdings in Avantis Emerging Markets Equity ETF by 213.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock worth $34,000 after acquiring an additional 335 shares during the period. Tripletail Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth about $49,000. Spire Wealth Management raised its position in shares of Avantis Emerging Markets Equity ETF by 324.9% in the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after acquiring an additional 575 shares in the last quarter. Finally, Mather Group LLC. acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $79.72 on Thursday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $80.38. The stock has a 50 day simple moving average of $76.93 and a two-hundred day simple moving average of $73.90. The company has a market cap of $16.62 billion, a P/E ratio of 12.66 and a beta of 0.68.

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.