Define Financial LLC grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 5.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 162,484 shares of the company’s stock after purchasing an additional 8,421 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 6.4% of Define Financial LLC’s portfolio, making the stock its 7th biggest position. Define Financial LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $15,277,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Baird Financial Group Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 135.1% during the 2nd quarter. Baird Financial Group Inc. now owns 146,030 shares of the company’s stock valued at $14,090,000 after acquiring an additional 83,919 shares during the period. Telos Capital Management Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 8.9% during the first quarter. Telos Capital Management Inc. now owns 80,940 shares of the company’s stock worth $6,522,000 after acquiring an additional 6,605 shares in the last quarter. Independence Bank of Kentucky boosted its stake in Avantis Emerging Markets Equity ETF by 39.3% during the second quarter. Independence Bank of Kentucky now owns 81,226 shares of the company’s stock worth $7,837,000 after acquiring an additional 22,913 shares in the last quarter. Cornerstone Wealth Group LLC bought a new position in Avantis Emerging Markets Equity ETF during the first quarter worth $9,334,000. Finally, World Investment Advisors grew its holdings in Avantis Emerging Markets Equity ETF by 31.1% in the fourth quarter. World Investment Advisors now owns 34,136 shares of the company’s stock worth $2,629,000 after purchasing an additional 8,094 shares during the period.
Avantis Emerging Markets Equity ETF Trading Down 0.5%
NYSEARCA:AVEM opened at $92.82 on Wednesday. The stock has a market capitalization of $28.06 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. The firm has a fifty day simple moving average of $94.26 and a two-hundred day simple moving average of $92.39. Avantis Emerging Markets Equity ETF has a 12 month low of $73.79 and a 12 month high of $100.83.
Avantis Emerging Markets Equity ETF Company 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.
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