Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Theory Financial LLC

Theory Financial LLC boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 25.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 27,027 shares of the company’s stock after purchasing an additional 5,466 shares during the quarter. Theory Financial LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,178,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Winch Advisory Services LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter worth about $26,000. Rothschild Investment LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 192.7% in the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after acquiring an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $36,000. Team Financial Group LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after acquiring an additional 361 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after acquiring an additional 183 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.5%

AVEM stock opened at $92.00 on Thursday. The business has a 50 day moving average price of $94.81 and a 200 day moving average price of $87.69. The stock has a market cap of $25.47 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.27 and a fifty-two week high of $100.83.

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.