D.A. Davidson & CO. purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) in the first quarter, HoldingsChannel reports. The fund purchased 7,705 shares of the company’s stock, valued at approximately $621,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. 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 increased its stake in Avantis Emerging Markets Equity ETF by 192.7% during the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after acquiring an additional 289 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $36,000. Hantz Financial Services Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 49.5% in 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 period. Finally, Team Financial Group LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after purchasing an additional 361 shares in the last quarter.
Avantis Emerging Markets Equity ETF Trading Down 0.7%
AVEM opened at $90.96 on Friday. The stock has a market cap of $25.55 billion, a PE ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 1 year low of $68.27 and a 1 year high of $100.83. The stock’s 50 day simple moving average is $94.31 and its 200-day simple moving average is $88.24.
Avantis Emerging Markets Equity ETF Company Profile
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.
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Want to see what other hedge funds are holding AVEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report).
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