Highland Financial Advisors LLC Purchases 10,615 Shares of Avantis Emerging Markets Equity ETF $AVEM

Highland Financial Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 115,763 shares of the company’s stock after acquiring an additional 10,615 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 2.5% of Highland Financial Advisors LLC’s holdings, making the stock its 12th biggest position. Highland Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $11,170,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. IFP Advisors Inc grew its position in Avantis Emerging Markets Equity ETF by 0.4% in the fourth quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock valued at $2,190,000 after purchasing an additional 120 shares in the last quarter. Investmark Advisory Group LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 1.8% during the 4th quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock worth $517,000 after purchasing an additional 121 shares during the last quarter. BLVD Private Wealth LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 0.6% during the 4th quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock worth $1,716,000 after purchasing an additional 140 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 11.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,356 shares of the company’s stock worth $104,000 after purchasing an additional 140 shares in the last quarter. Finally, Pathstone Holdings LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 0.7% in the 3rd quarter. Pathstone Holdings LLC now owns 22,116 shares of the company’s stock valued at $1,661,000 after buying an additional 144 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.4%

NYSEARCA:AVEM opened at $91.87 on Tuesday. Avantis Emerging Markets Equity ETF has a 1-year low of $70.27 and a 1-year high of $100.83. The firm has a fifty day simple moving average of $93.32 and a 200 day simple moving average of $89.06. The stock has a market capitalization of $26.15 billion, a PE ratio of 12.66 and a beta of 0.74.

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.