Walkner Condon Financial Advisors LLC Purchases 12,139 Shares of Avantis Emerging Markets Equity ETF $AVEM

Walkner Condon Financial Advisors LLC increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,120 shares of the company’s stock after buying an additional 12,139 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 1.5% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 17th largest holding. Walkner Condon Financial Advisors LLC owned about 0.07% of Avantis Emerging Markets Equity ETF worth $7,890,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. increased its position in Avantis Emerging Markets Equity ETF by 2,366.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock valued at $25,000 after purchasing an additional 355 shares during the period. POM Investment Strategies LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $26,000. AdvisorNet Financial Inc increased its holdings in Avantis Emerging Markets Equity ETF by 213.4% during the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after buying an additional 335 shares during the period. South Plains Financial Inc. bought a new position in Avantis Emerging Markets Equity ETF in the first quarter worth approximately $41,000. Finally, Clarity Asset Management Inc. raised its stake in Avantis Emerging Markets Equity ETF by 31.5% in the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after buying an additional 180 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.8%

Shares of NYSEARCA AVEM opened at $76.01 on Friday. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $78.76. The stock’s fifty day simple moving average is $75.21 and its two-hundred day simple moving average is $69.92. The stock has a market capitalization of $14.10 billion, a PE ratio of 12.66 and a beta of 0.68.

Avantis Emerging Markets Equity ETF 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.