IFG Advisory LLC Takes $334,000 Position in Avantis Emerging Markets Equity ETF $AVEM

IFG Advisory LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 4,871 shares of the company’s stock, valued at approximately $334,000.

A number of other institutional investors also recently bought and sold shares of the stock. Hantz Financial Services Inc. increased its stake in Avantis Emerging Markets Equity ETF by 2,366.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock worth $25,000 after buying an additional 355 shares in the last quarter. POM Investment Strategies LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at about $26,000. AdvisorNet Financial Inc grew its position in shares of Avantis Emerging Markets Equity ETF by 213.4% during the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after purchasing an additional 335 shares in the last quarter. South Plains Financial Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the first quarter worth about $41,000. Finally, Clarity Asset Management Inc. grew its position in Avantis Emerging Markets Equity ETF by 31.5% in the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after acquiring an additional 180 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.9%

AVEM opened at $78.19 on Tuesday. The firm has a market cap of $14.49 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $78.76. The stock has a 50-day moving average of $74.89 and a 200 day moving average of $69.69.

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.