South Plains Financial Inc. Takes Position in Avantis Emerging Markets Equity ETF $AVEM

South Plains Financial Inc. purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the first quarter, HoldingsChannel.com reports. The fund purchased 681 shares of the company’s stock, valued at approximately $41,000.

A number of other institutional investors and hedge funds have also made changes to their positions in AVEM. POM Investment Strategies LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter worth about $26,000. Minot DeBlois Advisors LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $26,000. Webster Bank N. A. purchased a new stake in Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $46,000. JFS Wealth Advisors LLC lifted its position in Avantis Emerging Markets Equity ETF by 543.8% during the first quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock valued at $50,000 after acquiring an additional 696 shares during the last quarter. Finally, CVA Family Office LLC lifted its position in Avantis Emerging Markets Equity ETF by 32.7% during the first quarter. CVA Family Office LLC now owns 848 shares of the company’s stock valued at $51,000 after acquiring an additional 209 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 1.9%

Shares of Avantis Emerging Markets Equity ETF stock opened at $72.09 on Monday. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $72.16. The firm has a market capitalization of $11.81 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. The firm’s 50 day simple moving average is $69.49 and its two-hundred day simple moving average is $64.26.

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.