2,955 Shares in Avantis Emerging Markets Equity ETF $AVEM Purchased by Austin Private Wealth LLC

Austin Private Wealth LLC purchased a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,955 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors also recently added to or reduced their stakes in the company. POM Investment Strategies LLC purchased a new position in Avantis Emerging Markets Equity ETF in the 1st quarter worth about $26,000. AdvisorNet Financial Inc increased its position in Avantis Emerging Markets Equity ETF by 213.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after purchasing an additional 335 shares during the period. South Plains Financial Inc. purchased a new position in Avantis Emerging Markets Equity ETF during the 1st quarter valued at about $41,000. Clarity Asset Management Inc. increased its position in Avantis Emerging Markets Equity ETF by 31.5% during the 1st quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock valued at $45,000 after purchasing an additional 180 shares during the period. Finally, Hollencrest Capital Management purchased a new position in Avantis Emerging Markets Equity ETF during the 1st quarter valued at about $59,000.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $78.36 on Thursday. The company has a market capitalization of $14.45 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The company’s 50-day simple moving average is $74.51 and its two-hundred day simple moving average is $69.19. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $78.76.

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.