Clear Creek Financial Management LLC Acquires 8,863 Shares of Avantis Emerging Markets Equity ETF $AVEM

Clear Creek Financial Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 105.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,265 shares of the company’s stock after acquiring an additional 8,863 shares during the quarter. Clear Creek Financial Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,297,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of AVEM. Hantz Financial Services Inc. lifted its position in Avantis Emerging Markets Equity ETF by 2,366.7% during the second quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock valued at $25,000 after purchasing an additional 355 shares during the last quarter. American Capital Advisory LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth $30,000. Tripletail Wealth Management LLC purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter worth $49,000. Spire Wealth Management increased its stake in Avantis Emerging Markets Equity ETF by 324.9% in the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after acquiring an additional 575 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Stock Up 2.3%

Shares of AVEM stock opened at $88.29 on Friday. The business has a 50-day moving average price of $81.27 and a two-hundred day moving average price of $77.07. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $88.31. The firm has a market cap of $19.51 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.