Sax Wealth Advisors LLC Acquires 154,026 Shares of Avantis Emerging Markets Equity ETF $AVEM

Sax Wealth Advisors LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 200.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 230,840 shares of the company’s stock after purchasing an additional 154,026 shares during the period. Avantis Emerging Markets Equity ETF makes up about 0.6% of Sax Wealth Advisors LLC’s holdings, making the stock its 28th biggest position. Sax Wealth Advisors LLC owned 0.08% of Avantis Emerging Markets Equity ETF worth $21,704,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Winch Advisory Services LLC purchased a new position in Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $26,000. JFS Wealth Advisors LLC lifted its position in shares of 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 worth $27,000 after buying an additional 111 shares during the last quarter. Glenmede Trust Co. NA bought a new stake in Avantis Emerging Markets Equity ETF during the first quarter worth approximately $31,000. Investors Research Corp bought a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $39,000. Finally, First Community Trust NA lifted its position in Avantis Emerging Markets Equity ETF by 136.9% during the 2nd quarter. First Community Trust NA now owns 443 shares of the company’s stock worth $43,000 after acquiring an additional 256 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.8%

NYSEARCA AVEM traded down $0.71 during midday trading on Tuesday, hitting $92.56. The company had a trading volume of 1,049,560 shares, compared to its average volume of 1,907,084. The firm has a fifty day simple moving average of $94.25 and a two-hundred day simple moving average of $92.31. The stock has a market cap of $27.98 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. 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 Company 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.