Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Prosperity Planning Inc.

Prosperity Planning Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.2% during the third quarter, Holdings Channel reports. The fund owned 145,726 shares of the company’s stock after purchasing an additional 5,886 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 3.1% of Prosperity Planning Inc.’s investment portfolio, making the stock its 10th largest holding. Prosperity Planning Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $13,701,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of AVEM. JFS Wealth Advisors LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after purchasing an additional 111 shares during the last quarter. Hardin Capital Partners LLC grew its stake in Avantis Emerging Markets Equity ETF by 0.8% during the 3rd quarter. Hardin Capital Partners LLC now owns 15,062 shares of the company’s stock valued at $1,416,000 after purchasing an additional 123 shares in the last quarter. Armbruster Capital Management Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 0.4% during the 1st quarter. Armbruster Capital Management Inc. now owns 51,015 shares of the company’s stock worth $4,111,000 after purchasing an additional 195 shares during the last quarter. Keb Asset Management LLC increased its holdings in Avantis Emerging Markets Equity ETF by 0.7% during the 1st quarter. Keb Asset Management LLC now owns 26,487 shares of the company’s stock worth $2,134,000 after purchasing an additional 196 shares during the last quarter. Finally, Tillman Hartley LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 0.5% in the 4th quarter. Tillman Hartley LLC now owns 36,653 shares of the company’s stock valued at $2,823,000 after purchasing an additional 198 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.8%

Avantis Emerging Markets Equity ETF stock opened at $93.24 on Friday. The stock has a market cap of $28.16 billion, a P/E ratio of 12.66 and a beta of 0.75. The stock has a 50 day moving average of $94.10 and a 200-day moving average of $92.13. Avantis Emerging Markets Equity ETF has a 52 week low of $72.94 and a 52 week high of $100.83.

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.