AGH Wealth Advisors LLC Invests $2.11 Million in Avantis Emerging Markets Equity ETF $AVEM

AGH Wealth Advisors LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 1st quarter, Holdings Channel reports. The fund purchased 26,130 shares of the company’s stock, valued at approximately $2,106,000. Avantis Emerging Markets Equity ETF comprises 1.6% of AGH Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC raised its holdings in Avantis Emerging Markets Equity ETF by 192.7% during the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $36,000. Team Financial Group LLC grew its position in shares of 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 worth $43,000 after buying an additional 361 shares during the period. Hantz Financial Services Inc. grew its position in shares of Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after buying an additional 183 shares during the period. Finally, Motiv8 Investments LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth approximately $47,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $94.40 on Friday. The firm has a 50 day simple moving average of $93.86 and a 200 day simple moving average of $86.06. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.00 and a fifty-two week high of $100.83. The company has a market cap of $24.62 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.