7,240 Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Legacy CG LLC

Legacy CG LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 133,433 shares of the company’s stock after acquiring an additional 7,240 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 3.2% of Legacy CG LLC’s investment portfolio, making the stock its 11th biggest position. Legacy CG LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $12,545,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Winch Advisory Services LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at about $26,000. JFS Wealth Advisors LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after acquiring an additional 111 shares in the last quarter. Glenmede Trust Co. NA acquired a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter worth about $31,000. Investors Research Corp purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $39,000. Finally, Barrett & Company Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $42,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $85.80 on Wednesday. Avantis Emerging Markets Equity ETF has a one year low of $73.79 and a one year high of $100.83. The stock has a 50-day moving average price of $92.78 and a 200 day moving average price of $90.05. The company has a market capitalization of $26.73 billion, a P/E ratio of 12.66 and a beta of 0.79.

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.