Ashton Thomas Private Wealth LLC Increases Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Ashton Thomas Private Wealth LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 71.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,140 shares of the company’s stock after purchasing an additional 16,295 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,940,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 13.2% during the first quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after acquiring an additional 2,596 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 27.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 29,823 shares of the company’s stock valued at $2,044,000 after purchasing an additional 6,387 shares in the last quarter. Truist Financial Corp boosted its stake in shares of Avantis Emerging Markets Equity ETF by 44.8% during the 2nd quarter. Truist Financial Corp now owns 7,845 shares of the company’s stock valued at $538,000 after buying an additional 2,428 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the second quarter worth approximately $231,000. Finally, Quarry Hill Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 21.7% in the second quarter. Quarry Hill Advisors LLC now owns 24,504 shares of the company’s stock valued at $1,680,000 after acquiring an additional 4,377 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $82.66 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $85.65. The company has a 50-day moving average of $79.24 and a 200-day moving average of $75.83. The company has a market capitalization of $18.27 billion, a P/E ratio of 12.66 and a beta of 0.68.

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.