Philip James Wealth Mangement LLC Purchases New Shares in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Philip James Wealth Mangement LLC purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 27,862 shares of the company’s stock, valued at approximately $1,638,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Iron Horse Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $28,000. Northwest Investment Counselors LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $37,000. Brown Lisle Cummings Inc. purchased a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $82,000. FMR LLC raised its position in Avantis Emerging Markets Equity ETF by 223.6% during the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after buying an additional 1,393 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth $144,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $61.16 on Monday. The company 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 has a one year low of $55.65 and a one year high of $66.31. The firm has a fifty day moving average of $59.60 and a two-hundred day moving average of $61.15.

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.