Spartan Wealth Advisory Services LLC Makes New Investment in Avantis Emerging Markets Equity ETF $AVEM

Spartan Wealth Advisory Services LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 1st quarter, Holdings Channel reports. The firm bought 7,124 shares of the company’s stock, valued at approximately $574,000.

Other institutional investors have also recently made changes to their positions in the company. Asempa Wealth Advisors bought a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter valued at $939,000. Breakwater Capital Group grew its holdings in shares of Avantis Emerging Markets Equity ETF by 14.8% in the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after acquiring an additional 6,774 shares during the period. Greenwood Capital Associates LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 24.5% in the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock worth $3,870,000 after acquiring an additional 9,895 shares during the period. ACT Advisors LLC. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 3.4% in the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after acquiring an additional 10,245 shares during the period. Finally, CoreCap Advisors LLC increased its position in Avantis Emerging Markets Equity ETF by 38.8% during the fourth quarter. CoreCap Advisors LLC now owns 50,065 shares of the company’s stock valued at $3,856,000 after acquiring an additional 13,998 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM stock opened at $89.26 on Monday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.27 and a fifty-two week high of $100.83. The business’s 50-day moving average is $94.61 and its two-hundred day moving average is $87.87. The company has a market cap of $24.86 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

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