Moneco Advisors LLC Buys 35,644 Shares of Avantis Emerging Markets Equity ETF $AVEM

Moneco Advisors LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 151.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 59,238 shares of the company’s stock after purchasing an additional 35,644 shares during the quarter. Moneco Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,570,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of AVEM. JFS Wealth Advisors LLC increased 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 valued at $27,000 after buying an additional 111 shares in the last quarter. Hardin Capital Partners LLC lifted its position in Avantis Emerging Markets Equity ETF by 0.8% during the 3rd quarter. Hardin Capital Partners LLC now owns 15,062 shares of the company’s stock worth $1,416,000 after buying an additional 123 shares in the last quarter. Mainsail Asset Management LLC lifted its position in Avantis Emerging Markets Equity ETF by 6.1% during the 3rd quarter. Mainsail Asset Management LLC now owns 3,210 shares of the company’s stock worth $309,000 after buying an additional 184 shares in the last quarter. Columbia Advisory Partners LLC lifted its position in Avantis Emerging Markets Equity ETF by 0.7% during the 3rd quarter. Columbia Advisory Partners LLC now owns 28,120 shares of the company’s stock worth $2,644,000 after buying an additional 184 shares in the last quarter. Finally, Busey Bank lifted its position in Avantis Emerging Markets Equity ETF by 5.6% during the 3rd quarter. Busey Bank now owns 3,677 shares of the company’s stock worth $346,000 after buying an additional 195 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.7%

Shares of NYSEARCA:AVEM opened at $85.11 on Wednesday. The firm has a market cap of $26.73 billion, a P/E ratio of 10.99 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. The company’s 50-day moving average price is $91.76 and its two-hundred day moving average price is $90.13.

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.