Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Midwest Trust Co

Midwest Trust Co raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 749,453 shares of the company’s stock after purchasing an additional 53,831 shares during the quarter. Midwest Trust Co owned about 0.40% of Avantis Emerging Markets Equity ETF worth $56,291,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. grew 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 valued at $25,000 after acquiring an additional 355 shares during the period. American Capital Advisory LLC purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $30,000. Tripletail Wealth Management LLC acquired a new position in Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $49,000. Spire Wealth Management grew its stake in Avantis Emerging Markets Equity ETF by 324.9% during the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after buying an additional 575 shares during the period. Finally, Mather Group LLC. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $57,000.

Avantis Emerging Markets Equity ETF Trading Up 1.1%

Shares of AVEM stock opened at $85.63 on Tuesday. The company has a market cap of $18.92 billion, a PE ratio of 12.66 and a beta of 0.68. The company’s fifty day simple moving average is $79.57 and its 200-day simple moving average is $76.11. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $85.79.

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.