Cooper Financial Group Acquires 123,620 Shares of Avantis Emerging Markets Equity ETF $AVEM

Cooper Financial Group grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 118.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 227,971 shares of the company’s stock after buying an additional 123,620 shares during the quarter. Avantis Emerging Markets Equity ETF makes up about 1.8% of Cooper Financial Group’s investment portfolio, making the stock its 15th largest holding. Cooper Financial Group’s holdings in Avantis Emerging Markets Equity ETF were worth $21,997,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of AVEM. Winch Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $26,000. Glenmede Trust Co. NA bought a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $31,000. Rothschild Investment LLC lifted its stake in 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 acquiring an additional 289 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter worth $36,000. Finally, Hantz Financial Services Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 49.5% in the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after acquiring an additional 183 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.6%

Shares of Avantis Emerging Markets Equity ETF stock opened at $91.67 on Friday. The company’s fifty day simple moving average is $93.55 and its two-hundred day simple moving average is $88.90. The company has a market cap of $26.09 billion, a P/E ratio of 12.66 and a beta of 0.74. Avantis Emerging Markets Equity ETF has a 12-month low of $70.27 and a 12-month 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.