4,834 Shares in Avantis Emerging Markets Equity ETF $AVEM Bought by Able Wealth Management LLC

Able Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the second quarter, Holdings Channel reports. The fund acquired 4,834 shares of the company’s stock, valued at approximately $331,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of Avantis Emerging Markets Equity ETF by 7.8% during the first quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock valued at $17,485,000 after buying an additional 20,996 shares during the period. Stone Summit Wealth LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 2.8% during the second quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock valued at $2,356,000 after buying an additional 935 shares during the period. Brown Advisory Inc. bought a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at $426,000. Janney Montgomery Scott LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 27.3% in the second quarter. Janney Montgomery Scott LLC now owns 29,823 shares of the company’s stock valued at $2,044,000 after acquiring an additional 6,387 shares in the last quarter. Finally, XY Planning Network Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 89.7% in the second quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock valued at $531,000 after acquiring an additional 3,663 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 1.1%

NYSEARCA:AVEM opened at $77.39 on Thursday. The company has a 50-day moving average price of $75.11 and a 200-day moving average price of $69.87. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $78.76. The stock has a market cap of $14.36 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68.

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.