PFG Advisors Invests $1.85 Million in Avantis Emerging Markets Equity ETF $AVEM

PFG Advisors bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 23,980 shares of the company’s stock, valued at approximately $1,847,000.

Other institutional investors have also recently made changes to their positions in the company. American Capital Advisory LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $30,000. Team Financial Group LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after buying an additional 361 shares during the last quarter. Tripletail Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $49,000. Spire Wealth Management grew its stake in shares of Avantis Emerging Markets Equity ETF by 324.9% in the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after buying an additional 575 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $57,000.

Avantis Emerging Markets Equity ETF Stock Up 2.1%

Avantis Emerging Markets Equity ETF stock opened at $89.82 on Thursday. The company has a market capitalization of $23.17 billion, a P/E ratio of 12.66 and a beta of 0.67. The stock’s 50 day moving average is $84.29 and its 200 day moving average is $80.46. Avantis Emerging Markets Equity ETF has a twelve month low of $59.47 and a twelve month high of $90.68.

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