Mission Wealth Management LP Acquires 121,504 Shares of Avantis Emerging Markets Equity ETF $AVEM

Mission Wealth Management LP grew its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 29.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 532,093 shares of the company’s stock after purchasing an additional 121,504 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 0.8% of Mission Wealth Management LP’s portfolio, making the stock its 19th biggest holding. Mission Wealth Management LP owned 0.33% of Avantis Emerging Markets Equity ETF worth $36,470,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its position in Avantis Emerging Markets Equity ETF by 2,366.7% during the second quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock worth $25,000 after purchasing an additional 355 shares during the period. POM Investment Strategies LLC bought a new position in Avantis Emerging Markets Equity ETF during the first quarter worth about $26,000. AdvisorNet Financial Inc boosted its position in shares of Avantis Emerging Markets Equity ETF by 213.4% in the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after acquiring an additional 335 shares during the period. South Plains Financial Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $41,000. Finally, Clarity Asset Management Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 31.5% in the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock valued at $45,000 after acquiring an additional 180 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.1%

AVEM stock opened at $77.53 on Friday. The firm has a 50 day moving average of $74.76 and a 200-day moving average of $69.46. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $78.76. The firm has a market capitalization of $14.34 billion, a P/E ratio of 12.66 and a beta of 0.68.

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.