Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC lifted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 390,614 shares of the company’s stock after acquiring an additional 32,313 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 1.0% of Simplicity Wealth LLC’s investment portfolio, making the stock its 11th largest position. Simplicity Wealth LLC owned about 0.13% of Avantis Emerging Markets Equity ETF worth $36,726,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Barrett & Company Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $42,000. James Investment Research Inc. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 2.4% during the third quarter. James Investment Research Inc. now owns 11,917 shares of the company’s stock worth $1,120,000 after purchasing an additional 274 shares during the period. BIP Wealth LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $743,000. Approach Retirement Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 5.0% in the third quarter. Approach Retirement Advisors LLC now owns 18,360 shares of the company’s stock worth $1,726,000 after purchasing an additional 868 shares during the last quarter. Finally, Visionary Horizons LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 5.4% in the third quarter. Visionary Horizons LLC now owns 146,454 shares of the company’s stock worth $13,770,000 after purchasing an additional 7,443 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $87.50 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $73.79 and a 1 year high of $100.83. The company has a market cap of $26.84 billion, a PE ratio of 12.66 and a beta of 0.75. The stock’s 50-day moving average is $93.71 and its 200 day moving average is $92.83.

About Avantis Emerging Markets Equity ETF

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.