Ashton Thomas Private Wealth LLC Buys 1,422 Shares of Avantis Emerging Markets Equity ETF $AVEM

Ashton Thomas Private Wealth LLC lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.6% during the 2nd quarter, Holdings Channel reports. The firm owned 22,845 shares of the company’s stock after acquiring an additional 1,422 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,566,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Atlas Brown Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 4.2% in the 2nd quarter. Atlas Brown Inc. now owns 4,029 shares of the company’s stock worth $276,000 after purchasing an additional 164 shares during the last quarter. Milestone Asset Management Group LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 4.3% in the 1st quarter. Milestone Asset Management Group LLC now owns 4,192 shares of the company’s stock worth $252,000 after purchasing an additional 173 shares during the last quarter. Clarity Asset Management Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 31.5% during the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after acquiring an additional 180 shares in the last quarter. Austin Asset Management Co Inc lifted its holdings in Avantis Emerging Markets Equity ETF by 3.1% during the second quarter. Austin Asset Management Co Inc now owns 6,686 shares of the company’s stock worth $458,000 after acquiring an additional 199 shares in the last quarter. Finally, L.K. Benson & Company P.C. lifted its holdings in Avantis Emerging Markets Equity ETF by 1.0% during the second quarter. L.K. Benson & Company P.C. now owns 21,564 shares of the company’s stock worth $1,478,000 after acquiring an additional 207 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM stock opened at $78.00 on Wednesday. The business’s 50-day moving average price is $74.36 and its two-hundred day moving average price is $69.05. The firm has a market cap of $14.38 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $78.08.

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.