Symphony Financial Ltd. Co. Acquires 14,175 Shares of Avantis Emerging Markets Equity ETF $AVEM

Symphony Financial Ltd. Co. raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 169,802 shares of the company’s stock after purchasing an additional 14,175 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 1.9% of Symphony Financial Ltd. Co.’s holdings, making the stock its 13th biggest position. Symphony Financial Ltd. Co. owned about 0.06% of Avantis Emerging Markets Equity ETF worth $16,155,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 13.2% during the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after buying an additional 2,596 shares during the last quarter. M&T Bank Corp acquired a new stake in Avantis Emerging Markets Equity ETF during the second quarter worth approximately $287,000. Diversify Advisory Services LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the second quarter worth approximately $478,000. Diversify Wealth Management LLC boosted its stake in Avantis Emerging Markets Equity ETF by 20.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after purchasing an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP boosted its position in shares of Avantis Emerging Markets Equity ETF by 74.1% in the second quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after acquiring an additional 6,271 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.2%

Shares of NYSEARCA:AVEM opened at $94.26 on Wednesday. Avantis Emerging Markets Equity ETF has a 12-month low of $70.34 and a 12-month high of $100.83. The company’s 50 day moving average price is $92.53 and its two-hundred day moving average price is $90.17. The firm has a market cap of $26.83 billion, a PE ratio of 12.66 and a beta of 0.74.

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.