185,758 Shares in Avantis Emerging Markets Equity ETF $AVEM Bought by MFA Wealth Advisors LLC

MFA Wealth Advisors LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 185,758 shares of the company’s stock, valued at approximately $13,952,000. Avantis Emerging Markets Equity ETF accounts for 3.0% of MFA Wealth Advisors LLC’s portfolio, making the stock its 9th largest holding. MFA Wealth Advisors LLC owned approximately 0.10% of Avantis Emerging Markets Equity ETF at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Armstrong Fleming & Moore Inc purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth about $15,143,000. Armbruster Capital Management Inc. lifted its position in Avantis Emerging Markets Equity ETF by 4.0% during the third quarter. Armbruster Capital Management Inc. now owns 51,569 shares of the company’s stock valued at $3,873,000 after buying an additional 1,980 shares in the last quarter. Tripletail Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth approximately $49,000. Austin Private Wealth LLC grew its stake in Avantis Emerging Markets Equity ETF by 5,039.6% during the third quarter. Austin Private Wealth LLC now owns 151,876 shares of the company’s stock worth $11,407,000 after buying an additional 148,921 shares during the period. Finally, FFG Retirement Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $330,000.

Avantis Emerging Markets Equity ETF Trading Up 0.3%

Shares of AVEM stock opened at $77.22 on Wednesday. The company has a market cap of $14.32 billion, a PE ratio of 12.66 and a beta of 0.68. The company’s fifty day simple moving average is $76.78 and its 200-day simple moving average is $73.46. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $78.76.

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.