Symphony Financial Ltd. Co. Purchases 14,175 Shares of Avantis Emerging Markets Equity ETF $AVEM

Symphony Financial Ltd. Co. grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 169,802 shares of the company’s stock after buying an additional 14,175 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 1.9% of Symphony Financial Ltd. Co.’s portfolio, making the stock its 13th largest holding. Symphony Financial Ltd. Co.’s holdings in Avantis Emerging Markets Equity ETF were worth $16,155,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AVEM. Independence Bank of Kentucky boosted its position in shares of Avantis Emerging Markets Equity ETF by 39.3% during the 2nd quarter. Independence Bank of Kentucky now owns 81,226 shares of the company’s stock worth $7,837,000 after acquiring an additional 22,913 shares in the last quarter. Nwam LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 3.9% in the 2nd quarter. Nwam LLC now owns 32,003 shares of the company’s stock valued at $3,088,000 after purchasing an additional 1,207 shares in the last quarter. Blue Edge Capital LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at $17,213,000. First Community Trust NA increased its stake in shares of Avantis Emerging Markets Equity ETF by 136.9% in the 2nd quarter. First Community Trust NA now owns 443 shares of the company’s stock valued at $43,000 after purchasing an additional 256 shares during the last quarter. Finally, Annex Advisory Services LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 1.0% during the 2nd quarter. Annex Advisory Services LLC now owns 1,548,921 shares of the company’s stock worth $149,455,000 after buying an additional 15,884 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.2%

Shares of AVEM stock opened at $94.26 on Wednesday. Avantis Emerging Markets Equity ETF has a twelve month low of $70.34 and a twelve month high of $100.83. The company has a market cap of $26.83 billion, a P/E ratio of 12.66 and a beta of 0.74. The business has a fifty day simple moving average of $92.53 and a 200 day simple moving average of $90.17.

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.