Theory Financial LLC Buys New Position in Avantis Emerging Markets Equity ETF $AVEM

Theory Financial LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,656 shares of the company’s stock, valued at approximately $898,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 13.2% in the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after acquiring an additional 2,596 shares in the last quarter. Sovran Advisors LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 24.6% during the second quarter. Sovran Advisors LLC now owns 10,481 shares of the company’s stock worth $721,000 after purchasing an additional 2,068 shares during the last quarter. Rockwood Wealth Management LLC grew its position in Avantis Emerging Markets Equity ETF by 41.2% in the 2nd quarter. Rockwood Wealth Management LLC now owns 552,985 shares of the company’s stock worth $37,902,000 after purchasing an additional 161,339 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Avantis Emerging Markets Equity ETF by 100.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 311,597 shares of the company’s stock valued at $21,357,000 after buying an additional 155,991 shares during the last quarter. Finally, Kaufman Rossin Wealth LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth approximately $353,000.

Avantis Emerging Markets Equity ETF Stock Down 0.4%

AVEM stock opened at $81.30 on Friday. The firm has a market cap of $17.18 billion, a PE ratio of 12.66 and a beta of 0.68. The business has a 50 day moving average of $77.42 and a 200-day moving average of $74.52. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $82.05.

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.