Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Petros Family Wealth LLC

Petros Family Wealth LLC increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 21.9% during the third quarter, Holdings Channel reports. The institutional investor owned 34,210 shares of the company’s stock after purchasing an additional 6,150 shares during the period. Avantis Emerging Markets Equity ETF comprises about 1.9% of Petros Family Wealth LLC’s portfolio, making the stock its 15th largest holding. Petros Family Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,216,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in AVEM. JFS Wealth Advisors LLC boosted its holdings in 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 acquiring an additional 111 shares in the last quarter. Winch Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $26,000. Glenmede Trust Co. NA bought a new stake in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $31,000. Investors Research Corp bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $39,000. Finally, First Community Trust NA increased its holdings in shares of Avantis Emerging Markets Equity ETF by 136.9% during the second quarter. First Community Trust NA now owns 443 shares of the company’s stock valued at $43,000 after acquiring an additional 256 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 2.7%

Shares of AVEM opened at $86.02 on Friday. Avantis Emerging Markets Equity ETF has a 12-month low of $73.79 and a 12-month high of $100.83. The business’s fifty day moving average is $93.09 and its 200 day moving average is $90.00. The stock has a market cap of $26.49 billion, a P/E ratio of 12.66 and a beta of 0.75.

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.