Avantis Emerging Markets Equity ETF $AVEM Stock Position Lifted by REAP Financial Group LLC

REAP Financial Group LLC raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 199,228 shares of the company’s stock after buying an additional 9,541 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 3.3% of REAP Financial Group LLC’s holdings, making the stock its 6th biggest position. REAP Financial Group LLC owned approximately 0.11% of Avantis Emerging Markets Equity ETF worth $14,964,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of AVEM. Centennial Wealth Advisory LLC grew its stake 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 purchasing an additional 8,707 shares in the last quarter. CFS Investment Advisory Services LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth about $3,713,000. Modera Wealth Management LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 0.7% during the 2nd quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock valued at $12,411,000 after buying an additional 1,234 shares during the last quarter. Atlas Brown Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 223.9% in the 3rd quarter. Atlas Brown Inc. now owns 13,051 shares of the company’s stock valued at $980,000 after buying an additional 9,022 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in Avantis Emerging Markets Equity ETF by 2.8% in the third quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock worth $202,061,000 after buying an additional 72,106 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 2.5%

NYSEARCA AVEM opened at $84.74 on Monday. The stock has a market capitalization of $18.73 billion, a PE ratio of 12.66 and a beta of 0.68. The company has a 50 day moving average price of $79.39 and a two-hundred day moving average price of $76.00. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $85.65.

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.