Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC raised its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 14.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 226,956 shares of the company’s stock after buying an additional 28,224 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 2.4% of Walkner Condon Financial Advisors LLC’s portfolio, making the stock its 8th largest position. Walkner Condon Financial Advisors LLC owned about 0.09% of Avantis Emerging Markets Equity ETF worth $18,288,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Rothschild Investment LLC boosted its stake in Avantis Emerging Markets Equity ETF by 192.7% in the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter valued at $36,000. Team Financial Group LLC raised its stake in Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after purchasing an additional 361 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 49.5% in the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after purchasing an additional 183 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $92.44 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $68.15 and a 1-year high of $100.83. The company has a market capitalization of $25.20 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The stock’s fifty day simple moving average is $94.36 and its 200-day simple moving average is $86.65.

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.