AE Wealth Management LLC Acquires 31,497 Shares of Avantis Emerging Markets Equity ETF $AVEM

AE Wealth Management LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 678.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,142 shares of the company’s stock after buying an additional 31,497 shares during the quarter. AE Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,715,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. AQR Capital Management LLC grew its holdings in Avantis Emerging Markets Equity ETF by 13.2% during the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after acquiring an additional 2,596 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 27.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 29,823 shares of the company’s stock valued at $2,044,000 after purchasing an additional 6,387 shares during the period. Truist Financial Corp boosted its position in shares of Avantis Emerging Markets Equity ETF by 44.8% in the 2nd quarter. Truist Financial Corp now owns 7,845 shares of the company’s stock worth $538,000 after purchasing an additional 2,428 shares during the last quarter. Berger Financial Group Inc boosted its position in shares of Avantis Emerging Markets Equity ETF by 1.9% in the 2nd quarter. Berger Financial Group Inc now owns 196,322 shares of the company’s stock worth $13,456,000 after purchasing an additional 3,626 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the second quarter worth $231,000.

Avantis Emerging Markets Equity ETF Trading Down 2.1%

NYSEARCA:AVEM opened at $83.16 on Monday. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $85.65. The firm has a market capitalization of $18.36 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The business’s 50-day moving average price is $78.67 and its two-hundred day moving average price is $75.54.

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.