Ruedi Wealth Management Inc. Boosts Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Ruedi Wealth Management Inc. lifted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 91.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,373 shares of the company’s stock after buying an additional 7,829 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 0.3% of Ruedi Wealth Management Inc.’s investment portfolio, making the stock its 27th largest holding. Ruedi Wealth Management Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $1,122,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of AVEM. Maseco LLP purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at $74,121,000. HB Wealth Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 5,090.0% in the 1st quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock valued at $65,507,000 after buying an additional 1,067,724 shares during the period. Jones Financial Companies Lllp grew its stake in Avantis Emerging Markets Equity ETF by 61.4% during the 1st quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock worth $85,854,000 after purchasing an additional 540,962 shares in the last quarter. Financial Counselors Inc. grew its stake in Avantis Emerging Markets Equity ETF by 368.1% during the 1st quarter. Financial Counselors Inc. now owns 654,500 shares of the company’s stock worth $39,381,000 after purchasing an additional 514,673 shares in the last quarter. Finally, Cresset Asset Management LLC grew its stake in Avantis Emerging Markets Equity ETF by 123.3% during the 1st quarter. Cresset Asset Management LLC now owns 767,723 shares of the company’s stock worth $46,194,000 after purchasing an additional 423,990 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $73.09 on Monday. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $76.72. The stock has a market capitalization of $13.24 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. The business has a fifty day moving average price of $72.98 and a 200 day moving average price of $67.43.

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.