Evanson Financial LLC Purchases 6,016 Shares of Avantis Emerging Markets Equity ETF $AVEM

Evanson Financial LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 61.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,754 shares of the company’s stock after buying an additional 6,016 shares during the period. Evanson Financial LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,481,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of AVEM. Citizens Financial Group Inc. RI bought a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth $343,000. Simplicity Wealth LLC boosted its position in Avantis Emerging Markets Equity ETF by 9.0% in the third quarter. Simplicity Wealth LLC now owns 390,614 shares of the company’s stock worth $36,726,000 after purchasing an additional 32,313 shares during the last quarter. Barrett & Company Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter worth $42,000. James Investment Research Inc. boosted its position in Avantis Emerging Markets Equity ETF by 2.4% in the third quarter. James Investment Research Inc. now owns 11,917 shares of the company’s stock worth $1,120,000 after purchasing an additional 274 shares during the last quarter. Finally, BIP Wealth LLC bought a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $743,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $87.50 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $73.79 and a 1 year high of $100.83. The company has a market capitalization of $26.84 billion, a PE ratio of 12.66 and a beta of 0.75. The business has a fifty day moving average price of $93.71 and a two-hundred day moving average price of $92.83.

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