Janney Montgomery Scott LLC Has $4.14 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Janney Montgomery Scott LLC grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 41.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 51,440 shares of the company’s stock after purchasing an additional 15,052 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,145,000 at the end of the most recent reporting period.

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

Avantis Emerging Markets Equity ETF Stock Performance

AVEM stock opened at $92.44 on Monday. The stock has a market capitalization of $25.20 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 12 month low of $68.15 and a 12 month high of $100.83. The firm has a 50-day moving average price of $94.36 and a 200-day moving average price of $86.72.

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.