Avantis Emerging Markets Equity ETF $AVEM Stock: Kestra Advisory Services LLC Increases Holdings

Kestra Advisory Services LLC grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 185.0% during the third quarter, HoldingsChannel reports. The firm owned 825,168 shares of the company’s stock after buying an additional 535,632 shares during the quarter. Kestra Advisory Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $77,582,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. REAP Financial Group LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 6.0% in the third quarter. REAP Financial Group LLC now owns 262,308 shares of the company’s stock worth $24,662,000 after buying an additional 14,746 shares during the last quarter. Telos Capital Management Inc. acquired a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $6,347,000. Avant Financial Advisors LLC grew its stake in Avantis Emerging Markets Equity ETF by 2.9% in the 3rd quarter. Avant Financial Advisors LLC now owns 94,070 shares of the company’s stock valued at $8,844,000 after buying an additional 2,644 shares during the last quarter. StrongBox Wealth LLC grew its stake in Avantis Emerging Markets Equity ETF by 768.3% in the 3rd quarter. StrongBox Wealth LLC now owns 81,034 shares of the company’s stock valued at $7,619,000 after buying an additional 71,701 shares during the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $84,022,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $81.87 on Friday. The company has a market capitalization of $25.50 billion, a PE ratio of 12.66 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a one year low of $73.79 and a one year high of $100.83. The company’s fifty day moving average price is $92.37 and its 200 day moving average price is $90.08.

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.