Market Street Wealth Management Advisors LLC Buys 122,988 Shares of Avantis Emerging Markets Equity ETF $AVEM

Market Street Wealth Management Advisors LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 122,988 shares of the company’s stock, valued at approximately $11,563,000. Avantis Emerging Markets Equity ETF accounts for about 1.7% of Market Street Wealth Management Advisors LLC’s portfolio, making the stock its 19th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Factor Wealth Management LTD grew its position in shares of Avantis Emerging Markets Equity ETF by 18.9% during the third quarter. Factor Wealth Management LTD now owns 60,430 shares of the company’s stock worth $5,682,000 after purchasing an additional 9,585 shares in the last quarter. Invariant Investment Management lifted its holdings in Avantis Emerging Markets Equity ETF by 1.8% in the 3rd quarter. Invariant Investment Management now owns 75,916 shares of the company’s stock worth $7,243,000 after purchasing an additional 1,378 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 6.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 850,340 shares of the company’s stock worth $79,949,000 after purchasing an additional 51,321 shares in the last quarter. CoreCap Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 7.5% in the 3rd quarter. CoreCap Advisors LLC now owns 65,138 shares of the company’s stock worth $6,124,000 after purchasing an additional 4,572 shares during the period. Finally, Atwood & Palmer Inc. bought a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $64,229,000.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $93.24 on Friday. The stock has a market cap of $28.16 billion, a P/E ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 1 year low of $72.94 and a 1 year high of $100.83. The firm’s 50 day moving average price is $94.10 and its 200-day moving average price is $92.13.

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.