Clune & Associates LTD. Buys 11,034 Shares of Avantis Emerging Markets Equity ETF $AVEM

Clune & Associates LTD. boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 23.5% in the fourth quarter, Holdings Channel reports. The firm owned 58,049 shares of the company’s stock after purchasing an additional 11,034 shares during the quarter. Clune & Associates LTD.’s holdings in Avantis Emerging Markets Equity ETF were worth $4,471,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in AVEM. Asempa Wealth Advisors bought a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $939,000. Breakwater Capital Group lifted its position in shares of Avantis Emerging Markets Equity ETF by 14.8% during the 4th quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after buying an additional 6,774 shares during the period. CFS Investment Advisory Services LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $3,713,000. ACT Advisors LLC. lifted its position in shares of Avantis Emerging Markets Equity ETF by 3.4% during the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after buying an additional 10,245 shares during the period. Finally, Ashton Thomas Private Wealth LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 71.3% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 39,140 shares of the company’s stock worth $2,940,000 after buying an additional 16,295 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $93.05 on Friday. The company has a market capitalization of $24.27 billion, a PE ratio of 12.66 and a beta of 0.72. Avantis Emerging Markets Equity ETF has a one year low of $63.91 and a one year high of $96.07. The business has a 50 day simple moving average of $86.83 and a 200 day simple moving average of $82.66.

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.