PAX Financial Group LLC Makes New Investment in Avantis Emerging Markets Equity ETF $AVEM

PAX Financial Group LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,902 shares of the company’s stock, valued at approximately $1,604,000.

Other institutional investors have also modified their holdings of the company. USAdvisors Wealth Management LLC lifted its stake in Avantis Emerging Markets Equity ETF by 38.5% in the first quarter. USAdvisors Wealth Management LLC now owns 8,907 shares of the company’s stock worth $692,000 after purchasing an additional 2,478 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 1.3% during the first quarter. Private Advisor Group LLC now owns 499,441 shares of the company’s stock valued at $40,245,000 after buying an additional 6,180 shares during the last quarter. Financial Plan Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 7.0% during the first quarter. Financial Plan Inc. now owns 506,092 shares of the company’s stock valued at $40,781,000 after buying an additional 32,981 shares during the last quarter. Trademark Financial Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter worth approximately $538,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter worth approximately $394,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $92.44 on Friday. The stock’s fifty day moving average is $94.36 and its two-hundred day moving average is $86.65. Avantis Emerging Markets Equity ETF has a 52 week low of $68.15 and a 52 week high of $100.83. The company has a market capitalization of $25.11 billion, a PE ratio of 12.66 and a beta of 0.73.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.