U.S. Capital Wealth Advisors LLC Buys 61,191 Shares of Avantis Emerging Markets Equity ETF $AVEM

U.S. Capital Wealth Advisors LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 508.1% in the third quarter, HoldingsChannel.com reports. The firm owned 73,234 shares of the company’s stock after acquiring an additional 61,191 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,501,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. grew its position in shares of 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 during the last quarter. AdvisorNet Financial Inc grew its holdings in Avantis Emerging Markets Equity ETF by 213.4% in the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock worth $34,000 after purchasing an additional 335 shares during the last quarter. South Plains Financial Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the first quarter worth $41,000. Clarity Asset Management Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 31.5% during the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after purchasing an additional 180 shares in the last quarter. Finally, McElhenny Sheffield Capital Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter valued at $69,000.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $75.89 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $78.76. The business has a fifty day moving average price of $76.63 and a 200-day moving average price of $72.93. The stock has a market capitalization of $14.08 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.