J. Derek Lewis & Associates Inc. Acquires New Stake in Avantis Emerging Markets Equity ETF $AVEM

J. Derek Lewis & Associates Inc. bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the fourth quarter, HoldingsChannel.com reports. The firm bought 9,560 shares of the company’s stock, valued at approximately $736,000.

Other large investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC raised its stake 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 during the period. MidAtlantic Capital Management Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $36,000. Team Financial Group LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after buying an additional 361 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 49.5% during the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after buying an additional 183 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $99.71 on Friday. The business’s 50 day simple moving average is $92.95 and its 200 day simple moving average is $85.39. Avantis Emerging Markets Equity ETF has a 52-week low of $66.19 and a 52-week high of $100.00. The firm has a market cap of $26.00 billion, a PE ratio of 12.66 and a beta of 0.73.

Avantis Emerging Markets Equity ETF Company 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.