41,668 Shares in Avantis Emerging Markets Equity ETF $AVEM Purchased by Sierra Ocean LLC

Sierra Ocean LLC purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 41,668 shares of the company’s stock, valued at approximately $3,918,000. Avantis Emerging Markets Equity ETF makes up 2.4% of Sierra Ocean LLC’s investment portfolio, making the stock its 12th biggest holding.

Several other hedge funds have also recently bought and sold shares of the business. JFS Wealth Advisors LLC grew its stake in Avantis Emerging Markets Equity ETF by 67.3% during 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. Hardin Capital Partners LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 0.8% in the third quarter. Hardin Capital Partners LLC now owns 15,062 shares of the company’s stock worth $1,416,000 after acquiring an additional 123 shares in the last quarter. Mainsail Asset Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 6.1% in the 3rd quarter. Mainsail Asset Management LLC now owns 3,210 shares of the company’s stock valued at $309,000 after acquiring an additional 184 shares during the period. Columbia Advisory Partners LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 0.7% in the 3rd quarter. Columbia Advisory Partners LLC now owns 28,120 shares of the company’s stock valued at $2,644,000 after acquiring an additional 184 shares during the period. Finally, Busey Bank raised its stake in shares of Avantis Emerging Markets Equity ETF by 5.6% in the 3rd quarter. Busey Bank now owns 3,677 shares of the company’s stock valued at $346,000 after acquiring an additional 195 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 1.7%

NYSEARCA:AVEM opened at $83.28 on Friday. The firm has a market capitalization of $26.00 billion, a price-to-earnings ratio of 12.66 and a beta of 0.79. The firm’s fifty day simple moving average is $92.13 and its 200 day simple moving average is $90.09. Avantis Emerging Markets Equity ETF has a twelve month low of $73.79 and a twelve month high of $100.83.

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.