Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Fonville Wealth Management LLC

Fonville Wealth Management LLC lifted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 205,790 shares of the company’s stock after acquiring an additional 10,286 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 3.5% of Fonville Wealth Management LLC’s holdings, making the stock its 7th largest position. Fonville Wealth Management LLC owned approximately 0.11% of Avantis Emerging Markets Equity ETF worth $15,457,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Sutton Place Investors LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $422,000. MBE Wealth Management LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 12.9% in the 3rd quarter. MBE Wealth Management LLC now owns 4,019 shares of the company’s stock valued at $302,000 after purchasing an additional 459 shares during the period. WealthPLAN Partners LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 12.9% in the third quarter. WealthPLAN Partners LLC now owns 83,412 shares of the company’s stock worth $6,265,000 after purchasing an additional 9,523 shares in the last quarter. WealthPlan Investment Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 22.9% during the third quarter. WealthPlan Investment Management LLC now owns 223,528 shares of the company’s stock worth $16,789,000 after purchasing an additional 41,661 shares during the period. Finally, Clarity Asset Management Inc. grew its position in Avantis Emerging Markets Equity ETF by 31.7% during the third quarter. Clarity Asset Management Inc. now owns 1,650 shares of the company’s stock valued at $124,000 after purchasing an additional 397 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $81.05 on Thursday. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $81.07. The firm has a market cap of $17.03 billion, a PE ratio of 12.66 and a beta of 0.68. The firm’s 50 day moving average price is $77.23 and its two-hundred day moving average price is $74.34.

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.