BSW Wealth Partners Purchases 6,233 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

BSW Wealth Partners grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 197,384 shares of the company’s stock after acquiring an additional 6,233 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 1.9% of BSW Wealth Partners’ portfolio, making the stock its 11th biggest holding. BSW Wealth Partners owned approximately 0.22% of Avantis Emerging Markets Equity ETF worth $12,751,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Iron Horse Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $28,000. Gleason Group Inc. purchased a new stake in Avantis Emerging Markets Equity ETF during the second quarter valued at approximately $33,000. CVA Family Office LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 59.7% in the 2nd quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after purchasing an additional 209 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $37,000. Finally, City State Bank bought a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at approximately $45,000.

Avantis Emerging Markets Equity ETF Trading Up 0.2 %

NYSEARCA:AVEM traded up $0.10 during midday trading on Friday, hitting $62.59. 373,798 shares of the company traded hands, compared to its average volume of 381,827. The firm has a market capitalization of $5.60 billion, a P/E ratio of 9.91 and a beta of 0.88. The firm’s fifty day moving average is $62.82 and its 200-day moving average is $61.42. Avantis Emerging Markets Equity ETF has a 12-month low of $52.10 and a 12-month high of $66.31.

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.