Walkner Condon Financial Advisors LLC Boosts Holdings in Avantis Emerging Markets Equity ETF $AVEM

Walkner Condon Financial Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 115,120 shares of the company’s stock after purchasing an additional 12,139 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 1.5% of Walkner Condon Financial Advisors LLC’s investment portfolio, making the stock its 17th biggest holding. Walkner Condon Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,890,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. grew its stake in Avantis Emerging Markets Equity ETF by 2,366.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock worth $25,000 after buying an additional 355 shares during the last quarter. POM Investment Strategies LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the first quarter worth about $26,000. AdvisorNet Financial Inc increased its holdings in shares of Avantis Emerging Markets Equity ETF by 213.4% during the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after acquiring an additional 335 shares in the last quarter. South Plains Financial Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at about $41,000. Finally, Clarity Asset Management Inc. raised its position 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 during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 1.8%

AVEM stock opened at $76.01 on Friday. The stock has a market capitalization of $14.10 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $78.76. The firm has a 50 day moving average of $75.21 and a 200 day moving average of $69.92.

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.