Avantis Emerging Markets Equity ETF $AVEM Stock Position Increased by StrongBox Wealth LLC

StrongBox Wealth LLC grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 768.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 81,034 shares of the company’s stock after acquiring an additional 71,701 shares during the period. Avantis Emerging Markets Equity ETF comprises 2.0% of StrongBox Wealth LLC’s holdings, making the stock its 18th biggest position. StrongBox Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,619,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in AVEM. Commonwealth Equity Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $84,022,000. Chicago Partners Investment Group LLC acquired a new position in Avantis Emerging Markets Equity ETF during the third quarter valued at $5,413,000. Kelleher Financial Advisors purchased a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at $2,382,000. Team Financial Group LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at $67,000. Finally, Legacy CG LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 5.7% in the third quarter. Legacy CG LLC now owns 133,433 shares of the company’s stock valued at $12,545,000 after purchasing an additional 7,240 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $81.87 on Friday. The business’s 50-day moving average is $92.37 and its two-hundred day moving average is $90.08. The company has a market capitalization of $25.50 billion, a P/E ratio of 12.66 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a fifty-two week low of $73.79 and a fifty-two week high of $100.83.

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.