J. Derek Lewis & Associates Inc. Invests $736,000 in Avantis Emerging Markets Equity ETF $AVEM

J. Derek Lewis & Associates Inc. purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,560 shares of the company’s stock, valued at approximately $736,000.

A number of other large investors have also made changes to their positions in AVEM. Rothschild Investment LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 192.7% during the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after acquiring an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth about $36,000. Team Financial Group LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 184.2% in the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after acquiring an additional 361 shares in the last quarter. Hantz Financial Services Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 49.5% during the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after purchasing an additional 183 shares during the period. Finally, Motiv8 Investments LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $47,000.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $99.71 on Friday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $66.19 and a fifty-two week high of $100.00. The stock has a market capitalization of $26.00 billion, a PE ratio of 12.66 and a beta of 0.73. The business’s 50-day simple moving average is $92.95 and its 200-day simple moving average is $85.39.

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.