Avantis Emerging Markets Equity ETF $AVEM Shares Newly Acquired by Market Street Wealth Management Advisors LLC

Market Street Wealth Management Advisors LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 122,988 shares of the company’s stock, valued at approximately $11,563,000. Avantis Emerging Markets Equity ETF comprises approximately 1.7% of Market Street Wealth Management Advisors LLC’s holdings, making the stock its 19th largest position.

Several other institutional investors have also added to or reduced their stakes in AVEM. Telos Capital Management Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 8.9% in the first quarter. Telos Capital Management Inc. now owns 80,940 shares of the company’s stock valued at $6,522,000 after purchasing an additional 6,605 shares in the last quarter. Integrity Investment Advisors LLC lifted its position in Avantis Emerging Markets Equity ETF by 56.6% during the fourth quarter. Integrity Investment Advisors LLC now owns 27,507 shares of the company’s stock valued at $2,119,000 after purchasing an additional 9,942 shares during the last quarter. Baird Financial Group Inc. lifted its position in Avantis Emerging Markets Equity ETF by 135.1% during the second quarter. Baird Financial Group Inc. now owns 146,030 shares of the company’s stock valued at $14,090,000 after purchasing an additional 83,919 shares during the last quarter. Summit Financial LLC lifted its position in Avantis Emerging Markets Equity ETF by 7.8% during the fourth quarter. Summit Financial LLC now owns 192,458 shares of the company’s stock valued at $14,823,000 after purchasing an additional 13,944 shares during the last quarter. Finally, Cornerstone Wealth Group LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 1st quarter worth $9,334,000.

Avantis Emerging Markets Equity ETF Stock Down 1.8%

Avantis Emerging Markets Equity ETF stock opened at $93.24 on Friday. The company’s 50-day moving average price is $94.10 and its 200-day moving average price is $92.13. The company has a market cap of $28.16 billion, a PE ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a twelve month low of $72.94 and a twelve month high of $100.83.

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.