Kestra Private Wealth Services LLC Has $4.71 Million Holdings in Avantis Emerging Markets Equity ETF $AVEM

Kestra Private Wealth Services LLC increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 32.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,457 shares of the company’s stock after buying an additional 14,227 shares during the period. Kestra Private Wealth Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,710,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the company. Higgins & Schmidt Wealth Strategies LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 4.1% in the 1st quarter. Higgins & Schmidt Wealth Strategies LLC now owns 148,030 shares of the company’s stock worth $11,928,000 after acquiring an additional 5,827 shares in the last quarter. Chatterton & Associates Inc. grew its stake in Avantis Emerging Markets Equity ETF by 36.9% during the first quarter. Chatterton & Associates Inc. now owns 29,974 shares of the company’s stock worth $2,567,000 after purchasing an additional 8,087 shares during the period. White Pine Investment CO grew its stake in Avantis Emerging Markets Equity ETF by 12.8% during the first quarter. White Pine Investment CO now owns 69,558 shares of the company’s stock worth $5,605,000 after purchasing an additional 7,886 shares during the period. Ritholtz Wealth Management increased its holdings in Avantis Emerging Markets Equity ETF by 504.8% in the first quarter. Ritholtz Wealth Management now owns 19,917 shares of the company’s stock worth $1,605,000 after purchasing an additional 16,624 shares in the last quarter. Finally, Breakwater Capital Group increased its holdings in Avantis Emerging Markets Equity ETF by 10.1% in the first quarter. Breakwater Capital Group now owns 57,837 shares of the company’s stock worth $4,661,000 after purchasing an additional 5,319 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $94.40 on Friday. The firm has a market cap of $24.62 billion, a PE ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 52-week low of $68.00 and a 52-week high of $100.83. The business’s 50 day moving average price is $93.86 and its two-hundred day moving average price is $86.06.

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.