9,367 Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Morton Brown Family Wealth LLC

Morton Brown Family Wealth LLC raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 489,916 shares of the company’s stock after purchasing an additional 9,367 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 10.2% of Morton Brown Family Wealth LLC’s holdings, making the stock its 2nd biggest holding. Morton Brown Family Wealth LLC owned 0.16% of Avantis Emerging Markets Equity ETF worth $46,062,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Winch Advisory Services LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter worth about $26,000. JFS Wealth Advisors LLC increased its holdings in Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after buying an additional 111 shares during the last quarter. Glenmede Trust Co. NA bought a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at about $31,000. Investors Research Corp bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at about $39,000. Finally, Barrett & Company Inc. acquired a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $42,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $87.50 on Monday. The stock’s 50 day moving average price is $93.71 and its two-hundred day moving average price is $92.91. Avantis Emerging Markets Equity ETF has a 52-week low of $73.79 and a 52-week high of $100.83. The stock has a market capitalization of $26.88 billion, a P/E ratio of 12.66 and a beta of 0.75.

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.