Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 390,614 shares of the company’s stock after purchasing an additional 32,313 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 1.0% of Simplicity Wealth LLC’s holdings, making the stock its 11th biggest position. Simplicity Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $36,726,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in AVEM. Barrett & Company Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at $42,000. James Investment Research Inc. boosted its position in Avantis Emerging Markets Equity ETF by 2.4% in the third quarter. James Investment Research Inc. now owns 11,917 shares of the company’s stock worth $1,120,000 after purchasing an additional 274 shares during the last quarter. BIP Wealth LLC purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter worth about $743,000. Approach Retirement Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 5.0% during the 3rd quarter. Approach Retirement Advisors LLC now owns 18,360 shares of the company’s stock valued at $1,726,000 after purchasing an additional 868 shares during the period. Finally, Visionary Horizons LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 5.4% during the 3rd quarter. Visionary Horizons LLC now owns 146,454 shares of the company’s stock valued at $13,770,000 after purchasing an additional 7,443 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.3%

Shares of NYSEARCA:AVEM opened at $87.50 on Friday. The firm’s 50 day moving average price is $93.71 and its 200-day moving average price is $92.83. Avantis Emerging Markets Equity ETF has a twelve month low of $73.79 and a twelve month high of $100.83. The stock has a market capitalization of $26.84 billion, a PE ratio of 12.66 and a beta of 0.75.

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.