Avantis Emerging Markets Equity ETF $AVEM Stock Acquired by Harbour Investments Inc.

Harbour Investments Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 1,254,721 shares of the company’s stock after purchasing an additional 73,008 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 1.7% of Harbour Investments Inc.’s portfolio, making the stock its 6th biggest holding. Harbour Investments Inc. owned about 0.40% of Avantis Emerging Markets Equity ETF worth $117,969,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after purchasing an additional 111 shares during the last quarter. Glenmede Trust Co. NA purchased a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $31,000. Investors Research Corp purchased a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $39,000. First Community Trust NA grew its holdings in Avantis Emerging Markets Equity ETF by 136.9% during the second quarter. First Community Trust NA now owns 443 shares of the company’s stock worth $43,000 after buying an additional 256 shares in the last quarter. Finally, Barrett & Company Inc. bought a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth $42,000.

Avantis Emerging Markets Equity ETF Stock Down 0.4%

NYSEARCA AVEM traded down $0.38 on Friday, reaching $85.51. The company had a trading volume of 2,581,347 shares, compared to its average volume of 1,960,264. The stock has a market capitalization of $26.86 billion, a P/E ratio of 10.99 and a beta of 0.79. The company’s fifty day moving average is $91.24 and its 200 day moving average is $90.17. Avantis Emerging Markets Equity ETF has a 52-week low of $73.79 and a 52-week high of $100.83.

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.