Koesten Hirschmann & Crabtree INC. Raises Position in Avantis Emerging Markets Equity ETF $AVEM

Koesten Hirschmann & Crabtree INC. increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 19,590.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,370 shares of the company’s stock after buying an additional 27,231 shares during the period. Avantis Emerging Markets Equity ETF comprises 1.0% of Koesten Hirschmann & Crabtree INC.’s portfolio, making the stock its 13th largest holding. Koesten Hirschmann & Crabtree INC.’s holdings in Avantis Emerging Markets Equity ETF were worth $2,108,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Team Financial Group LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after buying an additional 361 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 49.5% during the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after buying an additional 183 shares in the last quarter. MeadowBrook Investment Advisors LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $65,000. LGT Financial Advisors LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth about $78,000. Finally, Spire Wealth Management boosted its holdings in Avantis Emerging Markets Equity ETF by 43.4% during the fourth quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock worth $83,000 after buying an additional 326 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.4%

AVEM stock opened at $96.53 on Thursday. The company has a market cap of $25.18 billion, a P/E ratio of 12.66 and a beta of 0.72. Avantis Emerging Markets Equity ETF has a 52 week low of $63.91 and a 52 week high of $97.29. The company’s 50-day moving average price is $87.69 and its 200 day moving average price is $83.08.

Avantis Emerging Markets Equity ETF 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.