ABLE Financial Group LLC Buys 9,002 Shares of Avantis Emerging Markets Equity ETF $AVEM

ABLE Financial Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 119,242 shares of the company’s stock after acquiring an additional 9,002 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 1.9% of ABLE Financial Group LLC’s investment portfolio, making the stock its 15th biggest position. ABLE Financial Group LLC owned 0.06% of Avantis Emerging Markets Equity ETF worth $9,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in AVEM. American Capital Advisory LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $30,000. Team Financial Group LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares during the last quarter. Tripletail Wealth Management LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $49,000. Spire Wealth Management grew its stake 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 valued at $56,000 after buying an additional 575 shares during the last quarter. Finally, Mather Group LLC. bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $57,000.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $85.96 on Monday. The stock has a market cap of $21.63 billion, a price-to-earnings ratio of 12.66 and a beta of 0.67. The stock’s 50 day moving average price is $83.66 and its 200-day moving average price is $79.75. Avantis Emerging Markets Equity ETF has a one year low of $56.40 and a one year high of $89.75.

Avantis Emerging Markets Equity ETF Company 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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.