14,746 Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by REAP Financial Group LLC

REAP Financial Group LLC grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 262,308 shares of the company’s stock after purchasing an additional 14,746 shares during the period. Avantis Emerging Markets Equity ETF makes up about 4.0% of REAP Financial Group LLC’s portfolio, making the stock its 5th biggest position. REAP Financial Group LLC owned about 0.08% of Avantis Emerging Markets Equity ETF worth $24,662,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Baird Financial Group Inc. grew its position in Avantis Emerging Markets Equity ETF by 135.1% in the second quarter. Baird Financial Group Inc. now owns 146,030 shares of the company’s stock valued at $14,090,000 after acquiring an additional 83,919 shares during the last quarter. Independence Bank of Kentucky lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 39.3% in the second quarter. Independence Bank of Kentucky now owns 81,226 shares of the company’s stock worth $7,837,000 after acquiring an additional 22,913 shares during the last quarter. Cahill Financial Advisors Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 4.3% in the second quarter. Cahill Financial Advisors Inc. now owns 157,737 shares of the company’s stock worth $15,220,000 after acquiring an additional 6,475 shares during the last quarter. Evanson Financial LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the second quarter worth about $940,000. Finally, HB Wealth Management LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 4.5% in the 2nd quarter. HB Wealth Management LLC now owns 1,108,268 shares of the company’s stock valued at $106,937,000 after purchasing an additional 47,729 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 5.5%

AVEM opened at $81.87 on Friday. The company’s 50 day moving average is $92.37 and its 200-day moving average is $90.08. Avantis Emerging Markets Equity ETF has a 1-year low of $73.79 and a 1-year high of $100.83. The company has a market cap of $25.50 billion, a P/E ratio of 12.66 and a beta of 0.79.

Avantis Emerging Markets Equity ETF Company 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.