Parcion Private Wealth LLC Takes $220,000 Position in Avantis Emerging Markets Equity ETF $AVEM

Parcion Private Wealth LLC acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,215 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds also recently modified their holdings of AVEM. Maseco LLP bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at $74,121,000. HB Wealth Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 5,090.0% in the 1st quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock valued at $65,507,000 after acquiring an additional 1,067,724 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Avantis Emerging Markets Equity ETF by 61.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock valued at $85,854,000 after acquiring an additional 540,962 shares in the last quarter. Financial Counselors Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 368.1% in the 1st quarter. Financial Counselors Inc. now owns 654,500 shares of the company’s stock valued at $39,381,000 after acquiring an additional 514,673 shares in the last quarter. Finally, Cresset Asset Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 123.3% in the 1st quarter. Cresset Asset Management LLC now owns 767,723 shares of the company’s stock valued at $46,194,000 after acquiring an additional 423,990 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.1%

NYSEARCA:AVEM opened at $76.25 on Thursday. The company has a fifty day moving average of $73.86 and a 200-day moving average of $68.23. The firm has a market capitalization of $13.86 billion, a P/E ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $77.14.

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.