Targeted Financial Services LLC Takes Position in Avantis Emerging Markets Equity ETF $AVEM

Targeted Financial Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 9,360 shares of the company’s stock, valued at approximately $721,000. Avantis Emerging Markets Equity ETF comprises approximately 0.6% of Targeted Financial Services LLC’s portfolio, making the stock its 22nd largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc raised its position in shares of Avantis Emerging Markets Equity ETF by 0.4% during the fourth quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock worth $2,190,000 after acquiring an additional 120 shares during the last quarter. Investmark Advisory Group LLC raised its holdings in Avantis Emerging Markets Equity ETF by 1.8% in the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock worth $517,000 after purchasing an additional 121 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 0.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock worth $3,370,000 after acquiring an additional 130 shares in the last quarter. Hardin Capital Partners LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 1.0% during the 4th quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock valued at $1,056,000 after purchasing an additional 135 shares in the last quarter. Finally, BLVD Private Wealth LLC lifted its stake in Avantis Emerging Markets Equity ETF by 0.6% in the fourth quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock valued at $1,716,000 after buying an additional 140 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $99.71 on Friday. Avantis Emerging Markets Equity ETF has a one year low of $66.19 and a one year high of $100.00. The stock’s 50-day moving average is $92.95 and its 200-day moving average is $85.39. The firm has a market cap of $26.00 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.