Kintra Wealth LLC Purchases New Position in Avantis Emerging Markets Equity ETF $AVEM

Kintra Wealth LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 72,886 shares of the company’s stock, valued at approximately $6,842,000.

A number of other large investors have also added to or reduced their stakes in AVEM. Telos Capital Management Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 8.9% in the 1st quarter. Telos Capital Management Inc. now owns 80,940 shares of the company’s stock worth $6,522,000 after buying an additional 6,605 shares in the last quarter. Integrity Investment Advisors LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 56.6% during the 4th quarter. Integrity Investment Advisors LLC now owns 27,507 shares of the company’s stock valued at $2,119,000 after buying an additional 9,942 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 10.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,198,370 shares of the company’s stock valued at $169,318,000 after buying an additional 207,339 shares in the last quarter. Stonebrook Private Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $8,112,000. Finally, Cornerstone Wealth Group LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $9,334,000.

Avantis Emerging Markets Equity ETF Trading Up 1.5%

AVEM opened at $96.81 on Friday. The stock has a 50-day moving average of $92.57 and a 200 day moving average of $90.34. Avantis Emerging Markets Equity ETF has a 12 month low of $71.68 and a 12 month high of $100.83. The firm has a market cap of $27.55 billion, a P/E ratio of 12.66 and a beta of 0.75.

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.