Concord Wealth Partners Buys 55,595 Shares of Avantis Emerging Markets Equity ETF $AVEM

Concord Wealth Partners boosted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 32.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 228,740 shares of the company’s stock after purchasing an additional 55,595 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 2.4% of Concord Wealth Partners’ investment portfolio, making the stock its 10th biggest position. Concord Wealth Partners’ holdings in Avantis Emerging Markets Equity ETF were worth $17,181,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Centennial Wealth Advisory LLC boosted its position in Avantis Emerging Markets Equity ETF by 48.4% in the third quarter. Centennial Wealth Advisory LLC now owns 26,705 shares of the company’s stock valued at $2,006,000 after buying an additional 8,707 shares in the last quarter. CFS Investment Advisory Services LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $3,713,000. Modera Wealth Management LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 0.7% in the 2nd quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock valued at $12,411,000 after acquiring an additional 1,234 shares during the last quarter. Atlas Brown Inc. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 223.9% during the 3rd quarter. Atlas Brown Inc. now owns 13,051 shares of the company’s stock valued at $980,000 after acquiring an additional 9,022 shares in the last quarter. Finally, Cerity Partners LLC grew its position in Avantis Emerging Markets Equity ETF by 2.8% during the 3rd quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock worth $202,061,000 after acquiring an additional 72,106 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 2.5%

Avantis Emerging Markets Equity ETF stock opened at $84.74 on Friday. The company has a market capitalization of $18.73 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $85.65. The stock has a 50-day moving average price of $79.39 and a two-hundred day moving average price of $75.93.

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.