Philip James Wealth Mangement LLC Purchases 20,887 Shares of Avantis Emerging Markets Equity ETF $AVEM

Philip James Wealth Mangement LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 73.2% in the 3rd quarter, Holdings Channel reports. The firm owned 49,430 shares of the company’s stock after buying an additional 20,887 shares during the period. Philip James Wealth Mangement LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,713,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Hantz Financial Services Inc. grew its holdings 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 valued at $25,000 after buying an additional 355 shares during the period. AdvisorNet Financial Inc raised its stake in Avantis Emerging Markets Equity ETF by 213.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock worth $34,000 after buying an additional 335 shares during the period. Tripletail Wealth Management LLC bought a new position in Avantis Emerging Markets Equity ETF during the third quarter worth about $49,000. Spire Wealth Management grew its stake in Avantis Emerging Markets Equity ETF by 324.9% in the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after acquiring an additional 575 shares during the period. Finally, Mather Group LLC. acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $79.98 on Friday. The firm has a market cap of $16.80 billion, a P/E ratio of 12.66 and a beta of 0.68. The stock’s 50-day moving average is $77.02 and its 200-day moving average is $74.08. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $80.38.

Avantis Emerging Markets Equity ETF Company 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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.