20,213 Shares in Avantis Emerging Markets Equity ETF $AVEM Acquired by QRG Capital Management Inc.

QRG Capital Management Inc. acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the third quarter, according to its most recent filing with the SEC. The firm acquired 20,213 shares of the company’s stock, valued at approximately $1,518,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in AVEM. Hantz Financial Services Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 2,366.7% in the second quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock valued at $25,000 after acquiring an additional 355 shares during the last quarter. American Capital Advisory LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $30,000. AdvisorNet Financial Inc grew its position in shares of Avantis Emerging Markets Equity ETF by 213.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock worth $34,000 after buying an additional 335 shares during the period. Tripletail Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $49,000. Finally, Spire Wealth Management lifted its holdings in Avantis Emerging Markets Equity ETF by 324.9% in the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after buying an additional 575 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $80.60 on Wednesday. The firm’s 50 day moving average price is $77.54 and its two-hundred day moving average price is $74.72. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $82.05. The stock has a market cap of $17.22 billion, a PE ratio of 12.66 and a beta of 0.68.

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.