Avantis Emerging Markets Equity ETF $AVEM Shares Bought by HORAN Wealth LLC

HORAN Wealth LLC boosted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 67.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 291,832 shares of the company’s stock after buying an additional 117,209 shares during the period. Avantis Emerging Markets Equity ETF accounts for 3.5% of HORAN Wealth LLC’s portfolio, making the stock its 5th biggest holding. HORAN Wealth LLC owned about 0.10% of Avantis Emerging Markets Equity ETF worth $28,159,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Winch Advisory Services LLC acquired a new position in Avantis Emerging Markets Equity ETF in the 1st quarter worth approximately $26,000. JFS Wealth Advisors LLC increased its position in Avantis Emerging Markets Equity ETF by 67.3% during the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after buying an additional 111 shares during the last quarter. Glenmede Trust Co. NA acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at about $31,000. Rothschild Investment LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after buying an additional 289 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth $36,000.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $96.81 on Monday. The company has a fifty day moving average price of $92.57 and a 200 day moving average price of $90.37. Avantis Emerging Markets Equity ETF has a one year low of $71.68 and a one year high of $100.83. The stock has a market cap of $27.55 billion, a P/E ratio of 12.66 and a beta of 0.75.

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.