Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 13.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,982 shares of the company’s stock after purchasing an additional 26,574 shares during the period. Concurrent Investment Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $21,708,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 67.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after purchasing an additional 111 shares during the period. Winch Advisory Services LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter worth $26,000. Glenmede Trust Co. NA acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at $31,000. Rothschild Investment LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 192.7% in the fourth 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 period. Finally, First Community Trust NA lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 136.9% in the second quarter. First Community Trust NA now owns 443 shares of the company’s stock valued at $43,000 after buying an additional 256 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.6%

Shares of AVEM stock opened at $95.36 on Friday. The stock has a 50-day simple moving average of $92.52 and a 200 day simple moving average of $90.30. The stock has a market capitalization of $27.14 billion, a P/E ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a fifty-two week low of $70.69 and a fifty-two 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.