Brickley Wealth Management Buys 7,524 Shares of Avantis Emerging Markets Equity ETF $AVEM

Brickley Wealth Management increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 130,142 shares of the company’s stock after purchasing an additional 7,524 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 1.7% of Brickley Wealth Management’s investment portfolio, making the stock its 12th largest holding. Brickley Wealth Management’s holdings in Avantis Emerging Markets Equity ETF were worth $12,236,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. JFS Wealth Advisors LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 67.3% during the second 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 bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $31,000. Investors Research Corp bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $39,000. Barrett & Company Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $42,000. Finally, First Community Trust NA raised its position in shares of Avantis Emerging Markets Equity ETF by 136.9% in the 2nd quarter. First Community Trust NA now owns 443 shares of the company’s stock valued at $43,000 after acquiring an additional 256 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $83.28 on Monday. The company has a market capitalization of $26.00 billion, a price-to-earnings ratio of 12.66 and a beta of 0.79. The firm’s 50 day simple moving average is $92.13 and its 200 day simple moving average is $90.09. Avantis Emerging Markets Equity ETF has a fifty-two week low of $73.79 and a fifty-two 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.