Symphony Financial Ltd. Co. Grows Position in Avantis Emerging Markets Equity ETF $AVEM

Symphony Financial Ltd. Co. raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 31.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,198 shares of the company’s stock after acquiring an additional 6,508 shares during the quarter. Symphony Financial Ltd. Co.’s holdings in Avantis Emerging Markets Equity ETF were worth $2,041,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in AVEM. Hantz Financial Services Inc. raised its stake in Avantis Emerging Markets Equity ETF by 2,366.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock valued at $25,000 after purchasing an additional 355 shares during the last quarter. American Capital Advisory LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $30,000. AdvisorNet Financial Inc grew its holdings in shares of Avantis Emerging Markets Equity ETF by 213.4% during the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock worth $34,000 after buying an additional 335 shares in the last quarter. Tripletail Wealth Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $49,000. Finally, Spire Wealth Management lifted its stake in shares of Avantis Emerging Markets Equity ETF by 324.9% during the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after buying an additional 575 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $82.86 on Friday. The firm has a market cap of $18.04 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $82.95. The firm’s 50 day moving average price is $77.81 and its 200 day moving average price is $74.93.

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.