Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Petros Family Wealth LLC

Petros Family Wealth LLC grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 21.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,210 shares of the company’s stock after purchasing an additional 6,150 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 1.9% of Petros Family Wealth LLC’s portfolio, making the stock its 15th biggest position. Petros Family Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,216,000 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. Winch Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the first quarter worth approximately $26,000. JFS Wealth Advisors LLC lifted its stake in Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after buying an additional 111 shares during the period. Glenmede Trust Co. NA acquired a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $31,000. Investors Research Corp acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $39,000. Finally, Barrett & Company Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $42,000.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $86.02 on Friday. The stock has a market capitalization of $26.49 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 52-week low of $73.79 and a 52-week high of $100.83. The stock’s 50 day moving average price is $93.09 and its two-hundred day moving average price is $90.00.

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.