Kings Path Partners LLC Raises Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Kings Path Partners LLC lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 50,816 shares of the company’s stock after purchasing an additional 1,493 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 1.4% of Kings Path Partners LLC’s portfolio, making the stock its 16th biggest holding. Kings Path Partners LLC owned about 0.06% of Avantis Emerging Markets Equity ETF worth $3,283,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Level Financial Advisors boosted its stake in Avantis Emerging Markets Equity ETF by 5.9% during the third quarter. Level Financial Advisors now owns 61,067 shares of the company’s stock worth $3,945,000 after buying an additional 3,406 shares during the period. Lion Street Advisors LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 5.1% in the 3rd quarter. Lion Street Advisors LLC now owns 7,996 shares of the company’s stock worth $517,000 after acquiring an additional 389 shares during the last quarter. Simplicity Wealth LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 892.2% in the 3rd quarter. Simplicity Wealth LLC now owns 159,572 shares of the company’s stock worth $10,308,000 after acquiring an additional 143,489 shares during the last quarter. ORBA Wealth Advisors L.L.C. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 0.6% during the 3rd quarter. ORBA Wealth Advisors L.L.C. now owns 65,221 shares of the company’s stock worth $4,213,000 after purchasing an additional 375 shares during the period. Finally, BWM Planning LLC bought a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $2,432,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $64.86 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $50.65 and a 1 year high of $66.31. The firm has a 50-day simple moving average of $61.83 and a two-hundred day simple moving average of $60.86. The company has a market cap of $5.80 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.