Nwam LLC Invests $954,000 in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Nwam LLC acquired a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 14,762 shares of the company’s stock, valued at approximately $954,000.

A number of other hedge funds also recently bought and sold shares of the company. Iron Horse Wealth Management LLC bought 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 increased its holdings in Avantis Emerging Markets Equity ETF by 59.7% during the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after buying an additional 209 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in Avantis Emerging Markets Equity ETF in the third quarter worth approximately $37,000. Finally, City State Bank purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth $45,000.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $60.98 on Friday. Avantis Emerging Markets Equity ETF has a one year low of $52.72 and a one year high of $66.31. The business has a fifty day moving average price of $63.14 and a 200-day moving average price of $61.77. The firm has a market capitalization of $5.46 billion, a price-to-earnings 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.