StoneX Group Inc. Purchases 19,351 Shares of Avantis Emerging Markets Equity ETF $AVEM

StoneX Group Inc. purchased a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 19,351 shares of the company’s stock, valued at approximately $1,815,000.

Several other large investors also recently modified their holdings of AVEM. Sierra Ocean LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $3,918,000. Parallel Advisors LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 4.3% in the 3rd quarter. Parallel Advisors LLC now owns 849,731 shares of the company’s stock worth $79,892,000 after purchasing an additional 35,069 shares during the period. Tenzing Financial LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter worth approximately $229,000. Asset Dedication LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter worth approximately $2,131,000. Finally, Plancorp LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter worth approximately $21,143,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $83.28 on Monday. The firm has a 50 day moving average of $92.13 and a 200 day moving average of $90.09. The firm has a market capitalization of $26.00 billion, a price-to-earnings ratio of 12.66 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a 12-month low of $73.79 and a 12-month high of $100.83.

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.