PAX Financial Group LLC Buys New Shares in Avantis Emerging Markets Equity ETF $AVEM

PAX Financial Group LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 19,902 shares of the company’s stock, valued at approximately $1,604,000.

A number of other institutional investors have also bought and sold shares of AVEM. IFP Advisors Inc raised its holdings in shares of Avantis Emerging Markets Equity ETF by 0.4% during the 4th quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock worth $2,190,000 after acquiring an additional 120 shares in the last quarter. Investmark Advisory Group LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 1.8% in the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock valued at $517,000 after purchasing an additional 121 shares in the last quarter. Dynamic Advisor Solutions LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 0.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock valued at $3,370,000 after purchasing an additional 130 shares in the last quarter. Hardin Capital Partners LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 1.0% in the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock valued at $1,056,000 after purchasing an additional 135 shares in the last quarter. Finally, BLVD Private Wealth LLC increased its position in Avantis Emerging Markets Equity ETF by 0.6% in the fourth quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock worth $1,716,000 after purchasing an additional 140 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $92.44 on Friday. The company has a market cap of $25.11 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The firm’s fifty day moving average is $94.36 and its 200 day moving average is $86.65. Avantis Emerging Markets Equity ETF has a 52-week low of $68.15 and a 52-week high of $100.83.

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.