Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Concord Wealth Partners

Concord Wealth Partners raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 242,611 shares of the company’s stock after acquiring an additional 13,871 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 2.4% of Concord Wealth Partners’ portfolio, making the stock its 10th biggest holding. Concord Wealth Partners owned 0.11% of Avantis Emerging Markets Equity ETF worth $18,686,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. American Capital Advisory LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $30,000. Team Financial Group LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after acquiring an additional 361 shares during the last quarter. Tripletail Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $49,000. Spire Wealth Management lifted its holdings in Avantis Emerging Markets Equity ETF by 324.9% in the 3rd 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. acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $89.79 on Monday. Avantis Emerging Markets Equity ETF has a twelve month low of $59.71 and a twelve month high of $90.68. The company has a market capitalization of $23.17 billion, a price-to-earnings ratio of 12.66 and a beta of 0.67. The firm has a 50-day moving average of $84.41 and a two-hundred day moving average of $80.67.

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.