Avantis Emerging Markets Equity ETF $AVEM is Concord Asset Management LLC VA’s 9th Largest Position

Concord Asset Management LLC VA grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 26.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 218,405 shares of the company’s stock after purchasing an additional 45,260 shares during the period. Avantis Emerging Markets Equity ETF makes up about 3.0% of Concord Asset Management LLC VA’s holdings, making the stock its 9th biggest position. Concord Asset Management LLC VA’s holdings in Avantis Emerging Markets Equity ETF were worth $16,404,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Trace Wealth Advisors LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 1.7% in the 3rd quarter. Trace Wealth Advisors LLC now owns 81,971 shares of the company’s stock worth $6,157,000 after buying an additional 1,360 shares during the last quarter. Concord Wealth Partners increased its stake in shares of Avantis Emerging Markets Equity ETF by 32.1% in the third quarter. Concord Wealth Partners now owns 228,740 shares of the company’s stock worth $17,181,000 after purchasing an additional 55,595 shares in the last quarter. Elyxium Wealth LLC bought a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $410,000. Hobbs Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at approximately $1,823,000. Finally, Savant Capital LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 3.2% in the third quarter. Savant Capital LLC now owns 18,469,078 shares of the company’s stock worth $1,387,215,000 after buying an additional 564,371 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $84.74 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $85.65. The stock’s 50 day simple moving average is $79.39 and its two-hundred day simple moving average is $75.93. The company has a market cap of $18.73 billion, a PE ratio of 12.66 and a beta of 0.68.

Avantis Emerging Markets Equity ETF 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.