Blue Edge Capital LLC Buys Shares of 178,396 Avantis Emerging Markets Equity ETF $AVEM

Blue Edge Capital LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 178,396 shares of the company’s stock, valued at approximately $17,213,000. Avantis Emerging Markets Equity ETF accounts for about 2.1% of Blue Edge Capital LLC’s portfolio, making the stock its 13th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in AVEM. JFS Wealth Advisors LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after purchasing an additional 111 shares in the last quarter. Winch Advisory Services LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $26,000. Glenmede Trust Co. NA acquired a new position in Avantis Emerging Markets Equity ETF in the 1st quarter valued at $31,000. Rothschild Investment LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after purchasing an additional 289 shares during the last quarter. Finally, First Community Trust NA grew its holdings in Avantis Emerging Markets Equity ETF by 136.9% in the 2nd quarter. First Community Trust NA now owns 443 shares of the company’s stock valued at $43,000 after buying an additional 256 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.7%

Shares of AVEM stock opened at $95.21 on Friday. Avantis Emerging Markets Equity ETF has a 12 month low of $70.34 and a 12 month high of $100.83. The firm has a market cap of $27.10 billion, a PE ratio of 12.66 and a beta of 0.74. The stock has a 50 day moving average of $92.75 and a 200-day moving average of $89.99.

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.