44,913 Shares in Avantis Emerging Markets Equity ETF $AVEM Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 44,913 shares of the company’s stock, valued at approximately $3,373,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 2,366.7% during the second quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock valued at $25,000 after acquiring an additional 355 shares in the last quarter. American Capital Advisory LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter worth about $30,000. Tripletail Wealth Management LLC purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $49,000. Spire Wealth Management grew its stake in Avantis Emerging Markets Equity ETF by 324.9% during the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after purchasing an additional 575 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $57,000.

Avantis Emerging Markets Equity ETF Stock Up 1.6%

Shares of AVEM opened at $87.04 on Thursday. The firm has a market cap of $19.24 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The business’s 50 day moving average is $79.95 and its two-hundred day moving average is $76.29. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $87.13.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.