Austin Asset Management Co Inc Has $390,000 Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Austin Asset Management Co Inc lifted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 18.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,487 shares of the company’s stock after acquiring an additional 999 shares during the period. Austin Asset Management Co Inc’s holdings in Avantis Emerging Markets Equity ETF were worth $390,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in AVEM. Trellis Wealth Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 2.1% in the 1st quarter. Trellis Wealth Advisors LLC now owns 81,528 shares of the company’s stock worth $4,906,000 after purchasing an additional 1,677 shares during the period. Creative Financial Designs Inc. ADV purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at $390,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter worth $3,253,000. Kavar Capital Partners Group LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 4.7% during the first quarter. Kavar Capital Partners Group LLC now owns 154,372 shares of the company’s stock valued at $9,289,000 after buying an additional 6,984 shares in the last quarter. Finally, Sylvest Advisors LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 6.5% during the first quarter. Sylvest Advisors LLC now owns 94,305 shares of the company’s stock valued at $5,674,000 after buying an additional 5,760 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.0%

NYSEARCA:AVEM opened at $67.95 on Thursday. The business’s fifty day moving average price is $64.03 and its 200 day moving average price is $61.18. The firm has a market capitalization of $10.49 billion, a price-to-earnings ratio of 12.66 and a beta of 0.66. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $68.38.

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.