Hutchens & Kramer Investment Management Group LLC Buys 11,234 Shares of Avantis Emerging Markets Equity ETF $AVEM

Hutchens & Kramer Investment Management Group LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 30.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,111 shares of the company’s stock after purchasing an additional 11,234 shares during the period. Avantis Emerging Markets Equity ETF comprises 1.4% of Hutchens & Kramer Investment Management Group LLC’s holdings, making the stock its 17th largest position. Hutchens & Kramer Investment Management Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,614,000 as of its most recent filing with the Securities and Exchange Commission.

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

Avantis Emerging Markets Equity ETF Trading Up 1.8%

Shares of AVEM stock opened at $84.60 on Wednesday. The firm’s fifty day moving average price is $78.11 and its two-hundred day moving average price is $75.22. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $84.62. The firm has a market capitalization of $18.52 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.