Ifrah Financial Services Inc. Purchases 10,708 Shares of Avantis Emerging Markets Equity ETF $AVEM

Ifrah Financial Services Inc. purchased a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 10,708 shares of the company’s stock, valued at approximately $1,007,000.

Several other large investors have also recently modified their holdings of AVEM. Bank of America Corp DE boosted its stake in Avantis Emerging Markets Equity ETF by 45.1% in the 1st quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock worth $2,310,765,000 after purchasing an additional 8,908,264 shares in the last quarter. Align Financial LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $528,227,000. Maseco LLP purchased a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter valued at about $93,504,000. Parallel Advisors LLC increased its stake in Avantis Emerging Markets Equity ETF by 1,654.5% during the 1st quarter. Parallel Advisors LLC now owns 760,155 shares of the company’s stock valued at $61,253,000 after purchasing an additional 716,830 shares in the last quarter. Finally, Atwood & Palmer Inc. bought a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $64,229,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $92.82 on Wednesday. The stock has a market capitalization of $28.06 billion, a PE ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 52-week low of $73.79 and a 52-week high of $100.83. The company has a 50-day simple moving average of $94.26 and a two-hundred day simple moving average of $92.39.

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.