Symphony Financial Ltd. Co. Buys 339 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Symphony Financial Ltd. Co. boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,572 shares of the company’s stock after purchasing an additional 339 shares during the quarter. Symphony Financial Ltd. Co.’s holdings in Avantis Emerging Markets Equity ETF were worth $439,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AVEM. Lam Group Inc. increased its position in Avantis Emerging Markets Equity ETF by 4.4% in the 4th quarter. Lam Group Inc. now owns 9,640 shares of the company’s stock worth $544,000 after buying an additional 405 shares during the period. Citizens & Northern Corp bought a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth $382,000. Grand Wealth Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 14.7% during the 4th quarter. Grand Wealth Management LLC now owns 143,070 shares of the company’s stock valued at $8,068,000 after purchasing an additional 18,328 shares during the last quarter. Brown Financial Advisory boosted its holdings in Avantis Emerging Markets Equity ETF by 257.5% in the 4th quarter. Brown Financial Advisory now owns 51,130 shares of the company’s stock valued at $2,883,000 after purchasing an additional 36,826 shares during the period. Finally, Prosperity Planning Inc. grew its position in Avantis Emerging Markets Equity ETF by 6.7% in the 4th quarter. Prosperity Planning Inc. now owns 102,984 shares of the company’s stock worth $5,807,000 after purchasing an additional 6,509 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM traded up $0.28 during trading hours on Friday, reaching $61.09. 187,308 shares of the company traded hands, compared to its average volume of 334,965. The stock’s fifty day moving average is $60.64 and its 200 day moving average is $57.87. Avantis Emerging Markets Equity ETF has a 1-year low of $50.65 and a 1-year high of $62.55. The stock has a market cap of $5.47 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.