26,169 Shares in Avantis Emerging Markets Equity ETF $AVEM Purchased by Empowered Funds LLC

Empowered Funds LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,169 shares of the company’s stock, valued at approximately $2,109,000.

A number of other hedge funds have also recently bought and sold shares of AVEM. Greenwood Capital Associates LLC lifted its stake in Avantis Emerging Markets Equity ETF by 24.5% in the 4th quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock valued at $3,870,000 after purchasing an additional 9,895 shares during the last quarter. Echo Wealth Management LLC increased its position in Avantis Emerging Markets Equity ETF by 31.1% during the fourth quarter. Echo Wealth Management LLC now owns 102,188 shares of the company’s stock worth $7,871,000 after buying an additional 24,256 shares during the last quarter. Financial Plan Inc. bought a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $36,439,000. Grand Wealth Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 5.1% in the fourth quarter. Grand Wealth Management LLC now owns 162,479 shares of the company’s stock valued at $12,514,000 after buying an additional 7,850 shares during the period. Finally, Telos Capital Management Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 8.9% in the first quarter. Telos Capital Management Inc. now owns 80,940 shares of the company’s stock valued at $6,522,000 after buying an additional 6,605 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.6%

Shares of NYSEARCA AVEM opened at $91.67 on Friday. Avantis Emerging Markets Equity ETF has a 12 month low of $70.27 and a 12 month high of $100.83. The stock has a 50 day moving average of $93.55 and a 200-day moving average of $88.90. The company has a market capitalization of $26.09 billion, a P/E ratio of 12.66 and a beta of 0.74.

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.