Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 185.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 825,168 shares of the company’s stock after purchasing an additional 535,632 shares during the period. Kestra Advisory Services LLC owned about 0.27% of Avantis Emerging Markets Equity ETF worth $77,582,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. JFS Wealth Advisors LLC grew its holdings in shares of 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 valued at $27,000 after buying an additional 111 shares in the last quarter. Winch Advisory Services LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter worth about $26,000. Glenmede Trust Co. NA acquired a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter worth about $31,000. Investors Research Corp acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth about $39,000. Finally, First Community Trust NA boosted 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 period.

Avantis Emerging Markets Equity ETF Trading Down 5.5%

NYSEARCA AVEM opened at $81.87 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $73.79 and a 1-year high of $100.83. The company has a market capitalization of $25.50 billion, a PE ratio of 12.66 and a beta of 0.79. The firm’s fifty day simple moving average is $92.37 and its 200-day simple moving average is $90.08.

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.