MB Generational Wealth LLC Has $646,000 Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

MB Generational Wealth LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 19.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,995 shares of the company’s stock after buying an additional 1,650 shares during the period. Avantis Emerging Markets Equity ETF comprises about 0.5% of MB Generational Wealth LLC’s investment portfolio, making the stock its 26th largest holding. MB Generational Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $646,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Wealthstream Advisors Inc. boosted its position in Avantis Emerging Markets Equity ETF by 1.2% during the second quarter. Wealthstream Advisors Inc. now owns 16,503 shares of the company’s stock valued at $1,008,000 after purchasing an additional 190 shares during the last quarter. Tillman Hartley LLC boosted its position in Avantis Emerging Markets Equity ETF by 1.4% during the second quarter. Tillman Hartley LLC now owns 13,811 shares of the company’s stock valued at $844,000 after purchasing an additional 190 shares during the last quarter. CVA Family Office LLC boosted its position in Avantis Emerging Markets Equity ETF by 59.7% during the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after purchasing an additional 209 shares during the last quarter. PCG Wealth Advisors LLC boosted its position in Avantis Emerging Markets Equity ETF by 2.3% during the second quarter. PCG Wealth Advisors LLC now owns 11,616 shares of the company’s stock valued at $710,000 after purchasing an additional 257 shares during the last quarter. Finally, Apollon Financial LLC boosted its position in Avantis Emerging Markets Equity ETF by 1.2% during the third quarter. Apollon Financial LLC now owns 23,560 shares of the company’s stock valued at $1,522,000 after purchasing an additional 284 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $60.29 on Monday. The stock has a 50 day moving average price of $63.05 and a 200 day moving average price of $61.75. Avantis Emerging Markets Equity ETF has a 52 week low of $52.72 and a 52 week high of $66.31. The stock has a market capitalization of $5.40 billion, a PE ratio of 9.91 and a beta of 0.88.

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.