Finemark National Bank & Trust Takes Position in Avantis Emerging Markets Equity ETF $AVEM

Finemark National Bank & Trust acquired a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 16,158 shares of the company’s stock, valued at approximately $1,214,000.

A number of other hedge funds also recently bought and sold shares of AVEM. Hantz Financial Services Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 2,366.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock valued at $25,000 after acquiring an additional 355 shares during the period. American Capital Advisory LLC bought a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at about $30,000. Tripletail Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at about $49,000. Spire Wealth Management grew its stake in Avantis Emerging Markets Equity ETF by 324.9% in the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after purchasing an additional 575 shares during the last quarter. Finally, Mather Group LLC. purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM stock opened at $88.70 on Monday. The firm has a market cap of $19.60 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The firm has a 50-day simple moving average of $82.61 and a two-hundred day simple moving average of $77.80. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $89.75.

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.