Highland Financial Advisors LLC Has $11.17 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Highland Financial Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 115,763 shares of the company’s stock after purchasing an additional 10,615 shares during the period. Avantis Emerging Markets Equity ETF makes up about 2.5% of Highland Financial Advisors LLC’s portfolio, making the stock its 12th largest holding. Highland Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $11,170,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Winch Advisory Services LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter worth approximately $26,000. Glenmede Trust Co. NA bought a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $31,000. Rothschild Investment LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after buying an additional 289 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth approximately $36,000. Finally, Hantz Financial Services Inc. grew its position in 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.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $91.87 on Tuesday. The firm has a market cap of $26.15 billion, a PE ratio of 12.66 and a beta of 0.74. The stock’s fifty day moving average price is $93.32 and its two-hundred day moving average price is $89.06. Avantis Emerging Markets Equity ETF has a one year low of $70.27 and a one year high of $100.83.

Avantis Emerging Markets Equity ETF 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.