7,056 Shares in Avantis Emerging Markets Equity ETF $AVEM Bought by Independent Financial Group LLC

Independent Financial Group LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 7,056 shares of the company’s stock, valued at approximately $569,000.

Several other institutional investors have also added to or reduced their stakes in AVEM. Winch Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at about $26,000. Rothschild Investment LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 192.7% during the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $36,000. Team Financial Group LLC grew its stake in shares of 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 purchasing an additional 361 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 49.5% in the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after purchasing an additional 183 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $91.59 on Thursday. Avantis Emerging Markets Equity ETF has a 1 year low of $68.27 and a 1 year high of $100.83. The company has a market cap of $25.51 billion, a PE ratio of 12.66 and a beta of 0.73. The stock’s 50-day moving average is $94.39 and its 200 day moving average is $88.16.

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.