Avantis Emerging Markets Equity ETF $AVEM Stock Bought by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 533,185 shares of the company’s stock after buying an additional 17,416 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 1.2% of Robertson Stephens Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. Robertson Stephens Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $50,130,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Winch Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter valued at approximately $26,000. JFS Wealth Advisors LLC lifted its stake in Avantis Emerging Markets Equity ETF by 67.3% in the 2nd quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after acquiring an additional 111 shares in the last quarter. Glenmede Trust Co. NA acquired a new position in Avantis Emerging Markets Equity ETF during the 1st quarter worth approximately $31,000. Investors Research Corp acquired a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $39,000. Finally, First Community Trust NA boosted its position in Avantis Emerging Markets Equity ETF by 136.9% during the 2nd quarter. First Community Trust NA now owns 443 shares of the company’s stock worth $43,000 after acquiring an additional 256 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 1.7%

Shares of AVEM opened at $88.89 on Friday. The stock has a market capitalization of $26.87 billion, a P/E ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a twelve month low of $73.79 and a twelve month high of $100.83. The company has a 50 day moving average of $94.14 and a 200-day moving average of $92.53.

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.