Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by ABLE Financial Group LLC

ABLE Financial Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 49.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 238,246 shares of the company’s stock after buying an additional 79,194 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 3.5% of ABLE Financial Group LLC’s portfolio, making the stock its 5th biggest position. ABLE Financial Group LLC owned 0.08% of Avantis Emerging Markets Equity ETF worth $22,400,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JFS Wealth Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after buying an additional 111 shares during the period. Winch Advisory Services LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter worth approximately $26,000. Glenmede Trust Co. NA acquired a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter worth approximately $31,000. Investors Research Corp bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $39,000. Finally, First Community Trust NA boosted its holdings in Avantis Emerging Markets Equity ETF by 136.9% in the second quarter. First Community Trust NA now owns 443 shares of the company’s stock valued at $43,000 after acquiring an additional 256 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 1.8%

Avantis Emerging Markets Equity ETF stock traded down $1.68 during mid-day trading on Wednesday, hitting $91.14. 693,801 shares of the stock were exchanged, compared to its average volume of 1,906,705. Avantis Emerging Markets Equity ETF has a 12 month low of $73.79 and a 12 month high of $100.83. The firm’s fifty day simple moving average is $94.26 and its two-hundred day simple moving average is $92.39. The stock has a market capitalization of $27.55 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75.

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