Avantis Emerging Markets Equity ETF $AVEM Stock: MGO One Seven LLC Boosts Holdings

MGO One Seven LLC lifted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 735.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 146,741 shares of the company’s stock after purchasing an additional 129,184 shares during the quarter. MGO One Seven LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $13,797,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in AVEM. Winch Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter valued at $26,000. JFS Wealth Advisors LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 67.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after buying an additional 111 shares during the last quarter. Glenmede Trust Co. NA acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter worth about $31,000. Investors Research Corp bought a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $39,000. Finally, Barrett & Company Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $42,000.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVEM opened at $86.02 on Friday. The stock’s 50-day simple moving average is $93.09 and its 200 day simple moving average is $90.00. The company has a market cap of $26.57 billion, a P/E 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.

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.