12,532 Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Harbor Group Inc.

Harbor Group Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 16.3% during the third quarter, HoldingsChannel reports. The fund owned 89,558 shares of the company’s stock after buying an additional 12,532 shares during the period. Avantis Emerging Markets Equity ETF comprises about 1.0% of Harbor Group Inc.’s investment portfolio, making the stock its 25th largest position. Harbor Group Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $8,420,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. JFS Wealth Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 67.3% in the 2nd quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after purchasing an additional 111 shares during the period. Hardin Capital Partners LLC increased its holdings in Avantis Emerging Markets Equity ETF by 0.8% during the 3rd quarter. Hardin Capital Partners LLC now owns 15,062 shares of the company’s stock worth $1,416,000 after purchasing an additional 123 shares in the last quarter. Armbruster Capital Management Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 0.4% in the 1st quarter. Armbruster Capital Management Inc. now owns 51,015 shares of the company’s stock valued at $4,111,000 after purchasing an additional 195 shares during the period. Keb Asset Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 0.7% in the 1st quarter. Keb Asset Management LLC now owns 26,487 shares of the company’s stock valued at $2,134,000 after purchasing an additional 196 shares during the period. Finally, Altar Rock LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 0.4% in the 2nd quarter. Altar Rock LLC now owns 52,998 shares of the company’s stock valued at $5,114,000 after purchasing an additional 198 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $91.02 on Thursday. The firm has a market cap of $27.52 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. The stock’s 50-day moving average is $94.23 and its 200-day moving average is $92.47. Avantis Emerging Markets Equity ETF has a one year low of $73.79 and a one year high of $100.83.

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.