Empowered Funds LLC Buys Shares of 26,169 Avantis Emerging Markets Equity ETF $AVEM

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

Several other hedge funds have also recently bought and sold shares of the stock. Winch Advisory Services LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at about $26,000. Rothschild Investment LLC raised its position in Avantis Emerging Markets Equity ETF by 192.7% in the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after buying an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $36,000. Hantz Financial Services Inc. boosted its position in Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after acquiring an additional 183 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $47,000.

Avantis Emerging Markets Equity ETF Stock Down 0.6%

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

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.