23,980 Shares in Avantis Emerging Markets Equity ETF $AVEM Acquired by PFG Advisors

PFG Advisors bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 23,980 shares of the company’s stock, valued at approximately $1,847,000.

Other institutional investors have also added to or reduced their stakes in the company. American Capital Advisory LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $30,000. Team Financial Group LLC boosted its stake in Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after purchasing an additional 361 shares during the last quarter. Tripletail Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $49,000. Spire Wealth Management boosted its stake in Avantis Emerging Markets Equity ETF by 324.9% during the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after purchasing an additional 575 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $57,000.

Avantis Emerging Markets Equity ETF Trading Up 2.1%

Shares of AVEM opened at $89.82 on Thursday. The business’s fifty day simple moving average is $84.29 and its two-hundred day simple moving average is $80.46. Avantis Emerging Markets Equity ETF has a 12 month low of $59.47 and a 12 month high of $90.68. The company has a market cap of $23.17 billion, a price-to-earnings ratio of 12.66 and a beta of 0.67.

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.