BlackDiamond Wealth Management LLC Has $1.34 Million Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

BlackDiamond Wealth Management LLC reduced its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 29.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,719 shares of the company’s stock after selling 9,666 shares during the period. BlackDiamond Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,336,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Axxcess Wealth Management LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 8.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 33,841 shares of the company’s stock worth $1,989,000 after buying an additional 2,660 shares during the period. Curio Wealth LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $2,998,000. Clearwater Capital Advisors LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $897,000. Signaturefd LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $66,000. Finally, Collaborative Wealth Managment Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 8.8% during the fourth quarter. Collaborative Wealth Managment Inc. now owns 59,059 shares of the company’s stock worth $3,472,000 after acquiring an additional 4,757 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $62.39 on Tuesday. Avantis Emerging Markets Equity ETF has a 52-week low of $55.65 and a 52-week high of $66.31. The firm has a market capitalization of $7.91 billion, a PE ratio of 12.48 and a beta of 0.79. The business’s 50-day simple moving average is $59.88 and its 200 day simple moving average is $61.20.

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.