Thrivent Financial for Lutherans Grows Holdings in Avantis Emerging Markets Equity ETF $AVEM

Thrivent Financial for Lutherans raised its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 104.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 225,066 shares of the company’s stock after purchasing an additional 114,972 shares during the quarter. Thrivent Financial for Lutherans owned 0.10% of Avantis Emerging Markets Equity ETF worth $17,358,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Team Financial Group LLC boosted its stake in Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after purchasing an additional 361 shares during the period. MeadowBrook Investment Advisors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth $65,000. LGT Financial Advisors LLC purchased a new position in Avantis Emerging Markets Equity ETF during the third quarter valued at $78,000. Spire Wealth Management increased its holdings in Avantis Emerging Markets Equity ETF by 43.4% in the 4th quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock valued at $83,000 after acquiring an additional 326 shares during the last quarter. Finally, TD Waterhouse Canada Inc. purchased a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $91,000.

Avantis Emerging Markets Equity ETF Trading Down 0.4%

Shares of Avantis Emerging Markets Equity ETF stock opened at $91.47 on Tuesday. The firm has a market cap of $23.86 billion, a PE ratio of 12.66 and a beta of 0.72. The stock has a 50 day moving average of $86.06 and a 200 day moving average of $82.28. Avantis Emerging Markets Equity ETF has a 12 month low of $63.91 and a 12 month high of $96.07.

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.