Fidelis Capital Partners LLC Makes New Investment in Avantis Emerging Markets Equity ETF $AVEM

Fidelis Capital Partners LLC acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 61,049 shares of the company’s stock, valued at approximately $4,585,000.

A number of other hedge funds have also recently modified their holdings of the company. Investor s Fiduciary Advisor Network LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth about $258,000. TD Waterhouse Canada Inc. purchased a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $91,000. Truist Financial Corp lifted its holdings in Avantis Emerging Markets Equity ETF by 3,397.3% in the 3rd quarter. Truist Financial Corp now owns 274,363 shares of the company’s stock worth $20,607,000 after buying an additional 266,518 shares during the period. Avant Financial Advisors LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 3.5% in the 3rd quarter. Avant Financial Advisors LLC now owns 83,929 shares of the company’s stock worth $6,304,000 after buying an additional 2,876 shares during the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 30.5% during the third quarter. Hutchens & Kramer Investment Management Group LLC now owns 48,111 shares of the company’s stock valued at $3,614,000 after buying an additional 11,234 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.7%

Shares of AVEM stock opened at $85.21 on Thursday. The stock has a fifty day moving average of $78.30 and a 200 day moving average of $75.29. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $85.37. The firm has a market capitalization of $18.65 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68.

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