Avantis Emerging Markets Equity ETF $AVEM Stock Holdings Lifted by Friday Financial

Friday Financial grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 53.3% in the second quarter, Holdings Channel.com reports. The fund owned 19,639 shares of the company’s stock after buying an additional 6,830 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 0.5% of Friday Financial’s holdings, making the stock its 28th biggest position. Friday Financial’s holdings in Avantis Emerging Markets Equity ETF were worth $1,818,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Atlas Brown Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 8.7% during the second quarter. Atlas Brown Inc. now owns 15,927 shares of the company’s stock worth $1,537,000 after purchasing an additional 1,279 shares during the period. Everhart Financial Group Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at $201,000. Sax Wealth Advisors LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 368.6% in the 2nd quarter. Sax Wealth Advisors LLC now owns 76,814 shares of the company’s stock valued at $7,412,000 after purchasing an additional 60,421 shares during the period. Breakwater Capital Group boosted its position in shares of Avantis Emerging Markets Equity ETF by 7.0% in the 2nd quarter. Breakwater Capital Group now owns 61,865 shares of the company’s stock valued at $5,969,000 after purchasing an additional 4,028 shares during the period. Finally, Sunburst Financial Group LLC increased its stake in Avantis Emerging Markets Equity ETF by 17.2% in the 2nd quarter. Sunburst Financial Group LLC now owns 265,413 shares of the company’s stock worth $25,610,000 after purchasing an additional 38,916 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $92.27 on Monday. The stock’s 50-day moving average price is $93.46 and its two-hundred day moving average price is $88.98. The company has a market cap of $26.26 billion, a PE ratio of 12.66 and a beta of 0.74. Avantis Emerging Markets Equity ETF has a 1 year low of $70.27 and a 1 year high of $100.83.

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.