151,968 Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Apella Capital LLC

Apella Capital LLC increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 15.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,149,116 shares of the company’s stock after acquiring an additional 151,968 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 1.4% of Apella Capital LLC’s portfolio, making the stock its 18th biggest position. Apella Capital LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $109,109,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in AVEM. Winch Advisory Services LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $26,000. JFS Wealth Advisors LLC increased its holdings in Avantis Emerging Markets Equity ETF by 67.3% in the 2nd quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after acquiring an additional 111 shares during the last quarter. Glenmede Trust Co. NA purchased a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter worth about $31,000. Investors Research Corp purchased a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $39,000. Finally, First Community Trust NA grew its position in shares of Avantis Emerging Markets Equity ETF by 136.9% in the second quarter. First Community Trust NA now owns 443 shares of the company’s stock valued at $43,000 after purchasing an additional 256 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM traded down $1.95 during midday trading on Thursday, hitting $93.00. 696,819 shares of the company traded hands, compared to its average volume of 1,908,165. The stock has a 50-day moving average of $94.02 and a 200-day moving average of $92.03. The firm has a market cap of $28.09 billion, a P/E ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a one year low of $72.94 and a one year 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.