Riverchase Wealth Management LLC Acquires 921 Shares of Avantis Emerging Markets Equity ETF $AVEM

Riverchase Wealth Management LLC boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 19.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,599 shares of the company’s stock after acquiring an additional 921 shares during the quarter. Riverchase Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $384,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. POM Investment Strategies LLC bought a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at about $26,000. AdvisorNet Financial Inc boosted its position in Avantis Emerging Markets Equity ETF by 213.4% in the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after buying an additional 335 shares in the last quarter. South Plains Financial Inc. acquired a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at about $41,000. Clarity Asset Management Inc. boosted its position in Avantis Emerging Markets Equity ETF by 31.5% in the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock valued at $45,000 after buying an additional 180 shares in the last quarter. Finally, JFS Wealth Advisors LLC boosted its position in Avantis Emerging Markets Equity ETF by 543.8% in the first quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock valued at $50,000 after buying an additional 696 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.8%

NYSEARCA:AVEM opened at $75.87 on Friday. The firm has a market cap of $13.74 billion, a PE ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $76.72. The company’s 50-day moving average price is $72.89 and its two-hundred day moving average price is $67.27.

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.