Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 13.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 224,982 shares of the company’s stock after purchasing an additional 26,574 shares during the period. Concurrent Investment Advisors LLC owned approximately 0.08% of Avantis Emerging Markets Equity ETF worth $21,708,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Telos Capital Management Inc. raised its stake in Avantis Emerging Markets Equity ETF by 8.9% during the 1st quarter. Telos Capital Management Inc. now owns 80,940 shares of the company’s stock valued at $6,522,000 after acquiring an additional 6,605 shares in the last quarter. Integrity Investment Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 56.6% in the fourth quarter. Integrity Investment Advisors LLC now owns 27,507 shares of the company’s stock worth $2,119,000 after purchasing an additional 9,942 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 10.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,198,370 shares of the company’s stock valued at $169,318,000 after purchasing an additional 207,339 shares during the period. Stonebrook Private Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter valued at $8,112,000. Finally, J.W. Cole Advisors Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 181.7% during the fourth quarter. J.W. Cole Advisors Inc. now owns 18,354 shares of the company’s stock valued at $1,414,000 after purchasing an additional 11,838 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.6%

Shares of NYSEARCA AVEM opened at $95.36 on Friday. The stock has a market cap of $27.14 billion, a P/E ratio of 12.66 and a beta of 0.75. The firm’s 50-day simple moving average is $92.52 and its 200 day simple moving average is $90.30. Avantis Emerging Markets Equity ETF has a fifty-two week low of $70.69 and a fifty-two week high of $100.83.

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.