Spartan Wealth Advisory Services LLC Makes New Investment in Avantis Emerging Markets Equity ETF $AVEM

Spartan Wealth Advisory Services LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,124 shares of the company’s stock, valued at approximately $574,000.

A number of other institutional investors have also recently made changes to their positions in the company. GatePass Capital LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 56.0% during the first quarter. GatePass Capital LLC now owns 6,964 shares of the company’s stock valued at $561,000 after buying an additional 2,500 shares during the last quarter. IMA Advisory Services Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 3.4% in the 1st quarter. IMA Advisory Services Inc. now owns 37,456 shares of the company’s stock worth $3,018,000 after acquiring an additional 1,232 shares during the last quarter. Aire Advisors LLC lifted its position in Avantis Emerging Markets Equity ETF by 0.5% in the 1st quarter. Aire Advisors LLC now owns 186,566 shares of the company’s stock valued at $15,034,000 after acquiring an additional 847 shares in the last quarter. Gryphon Financial Partners LLC bought a new position in Avantis Emerging Markets Equity ETF in the 1st quarter valued at approximately $276,000. Finally, Hamilton Point Investment Advisors LLC bought a new position in Avantis Emerging Markets Equity ETF in the 1st quarter valued at approximately $9,668,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $89.26 on Monday. The business’s fifty day simple moving average is $94.61 and its two-hundred day simple moving average is $87.87. Avantis Emerging Markets Equity ETF has a 12 month low of $68.27 and a 12 month high of $100.83. The company has a market cap of $24.86 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

Avantis Emerging Markets Equity ETF Company 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.