Avantis Emerging Markets Equity ETF $AVEM Stock Position Boosted by Valued Wealth Advisors LLC

Valued Wealth Advisors LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 173,406 shares of the company’s stock after purchasing an additional 8,826 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 6.0% of Valued Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Valued Wealth Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $13,025,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AVEM. Hantz Financial Services Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 2,366.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock worth $25,000 after acquiring an additional 355 shares in the last quarter. American Capital Advisory LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $30,000. AdvisorNet Financial Inc increased its position 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 valued at $34,000 after buying an additional 335 shares in the last quarter. Tripletail Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at about $49,000. Finally, Spire Wealth Management boosted its holdings 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 worth $56,000 after acquiring an additional 575 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.4%

AVEM opened at $81.30 on Friday. The company has a market cap of $17.18 billion, a P/E ratio of 12.66 and a beta of 0.68. The firm’s 50-day moving average price is $77.42 and its 200-day moving average price is $74.52. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $82.05.

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.