Concord Asset Management LLC VA Buys 10,525 Shares of Avantis Emerging Markets Equity ETF $AVEM

Concord Asset Management LLC VA lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 228,930 shares of the company’s stock after acquiring an additional 10,525 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 3.1% of Concord Asset Management LLC VA’s portfolio, making the stock its 8th largest position. Concord Asset Management LLC VA owned approximately 0.10% of Avantis Emerging Markets Equity ETF worth $17,632,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. American Capital Advisory LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $30,000. Team Financial Group LLC raised its holdings in 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 worth $43,000 after buying an additional 361 shares during the last quarter. Tripletail Wealth Management LLC acquired a new position in Avantis Emerging Markets Equity ETF during the third quarter worth $49,000. Spire Wealth Management raised its holdings in 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 during the last quarter. Finally, Mather Group LLC. acquired a new position in Avantis Emerging Markets Equity ETF during the third quarter worth $57,000.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $89.79 on Monday. The company’s fifty day moving average price is $84.41 and its two-hundred day moving average price is $80.67. Avantis Emerging Markets Equity ETF has a 1-year low of $59.71 and a 1-year high of $90.68. The company has a market cap of $23.17 billion, a price-to-earnings ratio of 12.66 and a beta of 0.67.

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.