Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Position Boosted by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. increased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,059 shares of the company’s stock after buying an additional 4,757 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 1.6% of Collaborative Wealth Managment Inc.’s portfolio, making the stock its 16th largest holding. Collaborative Wealth Managment Inc. owned about 0.07% of Avantis Emerging Markets Equity ETF worth $3,472,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Harbour Investments Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 264,465.7% in the 4th quarter. Harbour Investments Inc. now owns 447,116 shares of the company’s stock worth $26,286,000 after buying an additional 446,947 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 27.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 43,424 shares of the company’s stock worth $2,553,000 after buying an additional 9,387 shares in the last quarter. Tidemark LLC boosted its stake in Avantis Emerging Markets Equity ETF by 14.6% during the 4th quarter. Tidemark LLC now owns 88,630 shares of the company’s stock valued at $5,211,000 after purchasing an additional 11,258 shares in the last quarter. Natixis Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 39.8% during the 4th quarter. Natixis Advisors LLC now owns 26,338 shares of the company’s stock valued at $1,548,000 after purchasing an additional 7,492 shares in the last quarter. Finally, Poinciana Advisors Group LLC bought a new position in Avantis Emerging Markets Equity ETF during the 4th quarter valued at $2,909,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $61.48 on Friday. The stock has a fifty day moving average price of $59.82 and a two-hundred day moving average price of $61.19. The firm has a market cap of $7.70 billion, a P/E ratio of 11.90 and a beta of 0.78. Avantis Emerging Markets Equity ETF has a 1 year low of $55.65 and a 1 year high of $66.31.

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.