Parcion Private Wealth LLC Takes Position in Avantis Emerging Markets Equity ETF $AVEM

Parcion Private Wealth LLC purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,215 shares of the company’s stock, valued at approximately $220,000.

A number of other hedge funds also recently made changes to their positions in the stock. Atlas Brown Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 4.2% in the 2nd quarter. Atlas Brown Inc. now owns 4,029 shares of the company’s stock valued at $276,000 after purchasing an additional 164 shares in the last quarter. Milestone Asset Management Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 4.3% in the 1st quarter. Milestone Asset Management Group LLC now owns 4,192 shares of the company’s stock valued at $252,000 after purchasing an additional 173 shares in the last quarter. Clarity Asset Management Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 31.5% in the 1st quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock valued at $45,000 after purchasing an additional 180 shares in the last quarter. Austin Asset Management Co Inc boosted its stake in shares of Avantis Emerging Markets Equity ETF by 3.1% in the 2nd quarter. Austin Asset Management Co Inc now owns 6,686 shares of the company’s stock valued at $458,000 after purchasing an additional 199 shares in the last quarter. Finally, L.K. Benson & Company P.C. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 1.0% in the 2nd quarter. L.K. Benson & Company P.C. now owns 21,564 shares of the company’s stock valued at $1,478,000 after purchasing an additional 207 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.1%

AVEM opened at $76.25 on Thursday. The company’s 50 day moving average is $73.86 and its 200-day moving average is $68.23. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $77.14. The company has a market cap of $13.86 billion, a P/E ratio of 12.66 and a beta of 0.80.

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.