Evanson Financial LLC Invests $940,000 in Avantis Emerging Markets Equity ETF $AVEM

Evanson Financial LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 9,738 shares of the company’s stock, valued at approximately $940,000.

Several other hedge funds have also recently made changes to their positions in AVEM. Winch Advisory Services LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at $26,000. Glenmede Trust Co. NA bought a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter worth $31,000. Rothschild Investment LLC increased its holdings in 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 stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth about $36,000. Finally, Hantz Financial Services Inc. boosted 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 valued at $43,000 after acquiring an additional 183 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $92.27 on Friday. The company has a market cap of $26.26 billion, a PE ratio of 12.66 and a beta of 0.74. Avantis Emerging Markets Equity ETF has a 1 year low of $70.27 and a 1 year high of $100.83. The stock’s 50 day simple moving average is $93.46 and its two-hundred day simple moving average is $88.93.

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.