Hutchens & Kramer Investment Management Group LLC Has $2.53 Million Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Hutchens & Kramer Investment Management Group LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 103.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,877 shares of the company’s stock after buying an additional 18,722 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 1.2% of Hutchens & Kramer Investment Management Group LLC’s holdings, making the stock its 21st biggest position. Hutchens & Kramer Investment Management Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,531,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of AVEM. Envestnet Asset Management Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 16.5% during the second quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock worth $1,200,426,000 after buying an additional 2,483,487 shares in the last quarter. Maseco LLP acquired a new position in Avantis Emerging Markets Equity ETF in the second quarter valued at about $74,121,000. HB Wealth Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 5,090.0% in the first quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock valued at $65,507,000 after purchasing an additional 1,067,724 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Avantis Emerging Markets Equity ETF by 61.4% in the first quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock valued at $85,854,000 after purchasing an additional 540,962 shares in the last quarter. Finally, Financial Counselors Inc. raised its stake in Avantis Emerging Markets Equity ETF by 368.1% in the first quarter. Financial Counselors Inc. now owns 654,500 shares of the company’s stock valued at $39,381,000 after purchasing an additional 514,673 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.1%

AVEM stock opened at $77.53 on Monday. The company has a market cap of $14.37 billion, a PE ratio of 12.66 and a beta of 0.68. The business has a 50-day simple moving average of $74.76 and a 200 day simple moving average of $69.55. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $78.76.

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.