55,813 Shares in Avantis Emerging Markets Equity ETF $AVEM Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 55,813 shares of the company’s stock, valued at approximately $5,248,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Park Avenue Securities LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $58,279,000. Higgins & Schmidt Wealth Strategies LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 0.3% during the third quarter. Higgins & Schmidt Wealth Strategies LLC now owns 147,431 shares of the company’s stock worth $13,861,000 after buying an additional 454 shares in the last quarter. International City Management Association Retirement Corp acquired a new position in Avantis Emerging Markets Equity ETF during the third quarter worth about $16,786,000. Santori & Peters Inc. grew its position in Avantis Emerging Markets Equity ETF by 7.4% during the third quarter. Santori & Peters Inc. now owns 9,438 shares of the company’s stock worth $887,000 after buying an additional 648 shares during the period. Finally, Verdence Capital Advisors LLC increased its holdings in Avantis Emerging Markets Equity ETF by 3.8% in the third quarter. Verdence Capital Advisors LLC now owns 14,440 shares of the company’s stock valued at $1,358,000 after buying an additional 527 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.1%

AVEM stock opened at $88.41 on Friday. The firm has a 50 day moving average of $93.24 and a 200-day moving average of $89.98. Avantis Emerging Markets Equity ETF has a 12-month low of $73.79 and a 12-month high of $100.83. The company has a market cap of $27.22 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75.

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.