93,654 Shares in Avantis Emerging Markets Equity ETF $AVEM Purchased by Cooper Financial Group

Cooper Financial Group purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 93,654 shares of the company’s stock, valued at approximately $7,213,000. Avantis Emerging Markets Equity ETF comprises 0.8% of Cooper Financial Group’s investment portfolio, making the stock its 25th largest position.

Other hedge funds have also recently bought and sold shares of the company. American Capital Advisory LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $30,000. Tripletail Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $49,000. Spire Wealth Management grew its position in shares of Avantis Emerging Markets Equity ETF by 324.9% during the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after buying an additional 575 shares in the last quarter. Mather Group LLC. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $57,000. Finally, Blue Trust Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 306.3% in the third quarter. Blue Trust Inc. now owns 780 shares of the company’s stock worth $59,000 after buying an additional 588 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $79.02 on Friday. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $89.75. The stock has a market capitalization of $17.46 billion, a PE ratio of 12.66 and a beta of 0.68. The firm’s fifty day moving average price is $83.93 and its 200 day moving average price is $78.92.

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.