Strategic Financial Concepts LLC Grows Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Strategic Financial Concepts LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7,223.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,894,202 shares of the company’s stock after buying an additional 2,854,681 shares during the period. Strategic Financial Concepts LLC owned approximately 3.23% of Avantis Emerging Markets Equity ETF worth $170,150,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of AVEM. Renaissance Technologies LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 49.2% in the second quarter. Renaissance Technologies LLC now owns 9,100 shares of the company’s stock valued at $556,000 after purchasing an additional 3,000 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at approximately $309,000. Cetera Investment Advisers boosted its stake in shares of Avantis Emerging Markets Equity ETF by 1.9% during the 2nd quarter. Cetera Investment Advisers now owns 57,299 shares of the company’s stock valued at $3,500,000 after buying an additional 1,088 shares during the last quarter. Brookstone Capital Management acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $491,000. Finally, CWM LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 12.3% in the 3rd quarter. CWM LLC now owns 162,800 shares of the company’s stock worth $10,517,000 after purchasing an additional 17,876 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVEM opened at $59.98 on Friday. The stock has a 50-day simple moving average of $59.75 and a 200 day simple moving average of $61.14. Avantis Emerging Markets Equity ETF has a one year low of $55.00 and a one year high of $66.31. The company has a market capitalization of $5.37 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.