Fragasso Financial Advisors Inc Purchases 11,966 Shares of Avantis Emerging Markets Equity ETF $AVEM

Fragasso Financial Advisors Inc raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 635,341 shares of the company’s stock after purchasing an additional 11,966 shares during the period. Avantis Emerging Markets Equity ETF comprises about 3.0% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 10th largest holding. Fragasso Financial Advisors Inc owned approximately 0.31% of Avantis Emerging Markets Equity ETF worth $48,934,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. American Capital Advisory LLC acquired 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 stake in Avantis Emerging Markets Equity ETF in the third quarter worth $49,000. Spire Wealth Management boosted its holdings 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 acquiring an additional 575 shares during the period. Mather Group LLC. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $57,000. Finally, Blue Trust Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 306.3% during the 3rd quarter. Blue Trust Inc. now owns 780 shares of the company’s stock valued at $59,000 after purchasing an additional 588 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 3.5%

AVEM opened at $79.02 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $89.75. The stock has a market cap of $17.46 billion, a PE ratio of 12.66 and a beta of 0.68. The business’s 50 day moving average is $83.93 and its 200-day moving average is $78.87.

Avantis Emerging Markets Equity ETF Company 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.