AE Wealth Management LLC Acquires 1,781 Shares of Avantis Emerging Markets Equity ETF $AVEM

AE Wealth Management LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 62.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,645 shares of the company’s stock after purchasing an additional 1,781 shares during the quarter. AE Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $318,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in Avantis Emerging Markets Equity ETF by 16.5% during the second quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock valued at $1,200,426,000 after purchasing an additional 2,483,487 shares in the last quarter. Maseco LLP purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the second quarter valued at about $74,121,000. HB Wealth Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 5,090.0% in the 1st quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock valued at $65,507,000 after buying an additional 1,067,724 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of Avantis Emerging Markets Equity ETF by 61.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock worth $85,854,000 after buying an additional 540,962 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 102.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 852,408 shares of the company’s stock worth $58,424,000 after acquiring an additional 431,149 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.2%

AVEM stock opened at $77.58 on Monday. The firm has a 50 day moving average of $75.98 and a 200 day moving average of $70.81. The stock has a market capitalization of $14.39 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $78.76.

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.