Ifrah Financial Services Inc. Buys 3,818 Shares of Avantis Emerging Markets Equity ETF $AVEM

Ifrah Financial Services Inc. grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 88.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 8,147 shares of the company’s stock after acquiring an additional 3,818 shares during the quarter. Ifrah Financial Services Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $558,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of AVEM. Janney Montgomery Scott LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at approximately $1,410,000. Centennial Wealth Advisory LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at approximately $257,000. Cherry Tree Wealth Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 1.9% in the 1st quarter. Cherry Tree Wealth Management LLC now owns 68,193 shares of the company’s stock valued at $4,103,000 after purchasing an additional 1,261 shares during the period. Compass Ion Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 9.5% in the 1st quarter. Compass Ion Advisors LLC now owns 5,104 shares of the company’s stock valued at $307,000 after purchasing an additional 442 shares during the period. Finally, XY Planning Network Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 19.1% in the 1st quarter. XY Planning Network Inc. now owns 4,082 shares of the company’s stock valued at $246,000 after purchasing an additional 654 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.3%

AVEM stock opened at $76.10 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $76.80. The firm has a market cap of $13.83 billion, a P/E ratio of 12.66 and a beta of 0.80. The business’s 50 day moving average is $73.54 and its 200-day moving average is $67.86.

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.