RFG Advisory LLC Makes New Investment in Avantis Emerging Markets Equity ETF $AVEM

RFG Advisory LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 29,828 shares of the company’s stock, valued at approximately $2,297,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Asempa Wealth Advisors acquired a new position in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $939,000. Breakwater Capital Group boosted its holdings 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 stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth $3,713,000. ACT Advisors LLC. grew its stake in Avantis Emerging Markets Equity ETF by 3.4% in the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after buying an additional 10,245 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its stake in Avantis Emerging Markets Equity ETF by 71.3% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 39,140 shares of the company’s stock valued at $2,940,000 after buying an additional 16,295 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $93.74 on Friday. The firm has a market cap of $24.45 billion, a price-to-earnings ratio of 12.66 and a beta of 0.72. Avantis Emerging Markets Equity ETF has a fifty-two week low of $61.57 and a fifty-two week high of $95.13. The firm has a fifty day moving average price of $84.97 and a two-hundred day moving average price of $81.45.

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.