Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC lifted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 34.3% in the fourth quarter, Holdings Channel reports. The firm owned 198,732 shares of the company’s stock after buying an additional 50,702 shares during the period. Avantis Emerging Markets Equity ETF comprises about 2.1% of Walkner Condon Financial Advisors LLC’s portfolio, making the stock its 13th largest position. Walkner Condon Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $15,306,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Capital Advisory LLC acquired a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $30,000. Team Financial Group LLC boosted its holdings in 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. Tripletail Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $49,000. Spire Wealth Management grew its stake in shares of Avantis Emerging Markets Equity ETF by 324.9% during the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after acquiring an additional 575 shares during the last quarter. Finally, Mather Group LLC. acquired a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $80.67 on Monday. The firm has a market capitalization of $20.22 billion, a P/E ratio of 12.66 and a beta of 0.68. The company has a 50 day moving average price of $83.67 and a 200 day moving average price of $79.43. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $89.75.

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.