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

Highland Financial Advisors LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 115,763 shares of the company’s stock after buying an additional 10,615 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 2.5% of Highland Financial Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Highland Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $11,170,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after buying an additional 111 shares during the period. Winch Advisory Services LLC acquired a new position in Avantis Emerging Markets Equity ETF during the first quarter valued at $26,000. Glenmede Trust Co. NA acquired a new position in Avantis Emerging Markets Equity ETF during the first quarter valued at $31,000. Rothschild Investment LLC lifted its stake in Avantis Emerging Markets Equity ETF by 192.7% in the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after acquiring an additional 289 shares in the last quarter. Finally, First Community Trust NA boosted its position in Avantis Emerging Markets Equity ETF by 136.9% during the 2nd quarter. First Community Trust NA now owns 443 shares of the company’s stock worth $43,000 after acquiring an additional 256 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $96.81 on Friday. The stock has a market cap of $27.55 billion, a PE ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a fifty-two week low of $71.68 and a fifty-two week high of $100.83. The stock’s 50-day moving average is $92.57 and its two-hundred day moving average is $90.34.

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.