Clune & Associates LTD. Buys 1,571 Shares of Avantis Emerging Markets Equity ETF $AVEM

Clune & Associates LTD. grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,440 shares of the company’s stock after buying an additional 1,571 shares during the quarter. Clune & Associates LTD.’s holdings in Avantis Emerging Markets Equity ETF were worth $2,977,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Janney Montgomery Scott LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at approximately $1,410,000. JFS Wealth Advisors LLC raised its stake in Avantis Emerging Markets Equity ETF by 543.8% during the 1st quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock worth $50,000 after acquiring an additional 696 shares during the period. Dopkins Wealth Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 6.8% during the 1st quarter. Dopkins Wealth Management LLC now owns 97,431 shares of the company’s stock worth $5,862,000 after acquiring an additional 6,240 shares during the period. Diversified Portfolios Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 15.1% during the first quarter. Diversified Portfolios Inc. now owns 417,685 shares of the company’s stock valued at $25,132,000 after purchasing an additional 54,754 shares in the last quarter. Finally, Verus Wealth Management LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 2.5% in the first quarter. Verus Wealth Management LLC now owns 59,754 shares of the company’s stock worth $3,595,000 after purchasing an additional 1,451 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $77.00 on Tuesday. The stock has a market cap of $14.00 billion, a PE ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $77.14. The firm has a fifty day moving average price of $73.67 and a 200-day moving average price of $68.12.

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.