Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Blue Edge Capital LLC

Blue Edge Capital LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 24.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 178,396 shares of the company’s stock after purchasing an additional 35,015 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 2.0% of Blue Edge Capital LLC’s investment portfolio, making the stock its 14th largest position. Blue Edge Capital LLC owned about 0.06% of Avantis Emerging Markets Equity ETF worth $17,213,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tidal Investments LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the second quarter worth $1,916,000. Cahill Financial Advisors Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 4.3% in the second quarter. Cahill Financial Advisors Inc. now owns 157,737 shares of the company’s stock worth $15,220,000 after buying an additional 6,475 shares in the last quarter. Capital Analysts LLC boosted its position in Avantis Emerging Markets Equity ETF by 8.4% during the second quarter. Capital Analysts LLC now owns 205,091 shares of the company’s stock worth $19,789,000 after acquiring an additional 15,821 shares during the last quarter. NewEdge Advisors LLC boosted its position in Avantis Emerging Markets Equity ETF by 249.7% during the second quarter. NewEdge Advisors LLC now owns 871,190 shares of the company’s stock worth $84,061,000 after acquiring an additional 622,072 shares during the last quarter. Finally, Hedeker Wealth LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 2nd quarter valued at about $211,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $96.04 on Thursday. The company’s 50 day simple moving average is $92.65 and its two-hundred day simple moving average is $90.58. Avantis Emerging Markets Equity ETF has a 1-year low of $72.94 and a 1-year high of $100.83. The firm has a market capitalization of $27.33 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75.

About Avantis Emerging Markets Equity ETF

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.