BlackDiamond Wealth Management LLC Buys Shares of 14,217 Avantis Emerging Markets Equity ETF $AVEM

BlackDiamond Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, HoldingsChannel.com reports. The firm bought 14,217 shares of the company’s stock, valued at approximately $1,095,000.

Several other large investors also recently added to or reduced their stakes in the company. IFP Advisors Inc increased its stake in shares of Avantis Emerging Markets Equity ETF by 0.4% in the fourth quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock worth $2,190,000 after acquiring an additional 120 shares during the last quarter. Investmark Advisory Group LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 1.8% in the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock worth $517,000 after acquiring an additional 121 shares during the last quarter. Dynamic Advisor Solutions LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 0.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock worth $3,370,000 after acquiring an additional 130 shares during the last quarter. Hardin Capital Partners LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 1.0% in the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock worth $1,056,000 after acquiring an additional 135 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 2.2% in the third quarter. J.W. Cole Advisors Inc. now owns 6,516 shares of the company’s stock worth $489,000 after acquiring an additional 139 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.4%

NYSEARCA AVEM opened at $98.20 on Thursday. Avantis Emerging Markets Equity ETF has a 1-year low of $65.66 and a 1-year high of $99.67. The company has a market capitalization of $25.61 billion, a PE ratio of 12.66 and a beta of 0.72. The firm’s fifty day simple moving average is $89.36 and its 200-day simple moving average is $83.80.

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.