Axxcess Wealth Management LLC Acquires Shares of 3,613 Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Axxcess Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,613 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors have also modified their holdings of AVEM. TD Capital Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $25,000. Global Retirement Partners LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter worth approximately $28,000. Principal Securities Inc. acquired a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $31,000. Bessemer Group Inc. acquired a new position in Avantis Emerging Markets Equity ETF during the 1st quarter worth approximately $69,000. Finally, Able Wealth Management LLC acquired a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $75,000.

Avantis Emerging Markets Equity ETF Trading Up 1.3 %

Shares of Avantis Emerging Markets Equity ETF stock opened at $60.40 on Friday. The company has a fifty day simple moving average of $61.45 and a 200-day simple moving average of $58.77. Avantis Emerging Markets Equity ETF has a 12-month low of $50.65 and a 12-month high of $63.64. The stock has a market cap of $5.41 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

Avantis Emerging Markets Equity ETF 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.