Asset Allocation Strategies LLC Buys New Stake in Avantis Emerging Markets Equity ETF $AVEM

Asset Allocation Strategies LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the first quarter, HoldingsChannel reports. The fund bought 36,612 shares of the company’s stock, valued at approximately $2,950,000.

Other large investors have also recently bought and sold shares of the company. Rothschild Investment LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after acquiring an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at $36,000. Hantz Financial Services Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 49.5% during the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after acquiring an additional 183 shares during the last quarter. Team Financial Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after acquiring an additional 361 shares during the last quarter. Finally, Motiv8 Investments LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter worth about $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $94.40 on Monday. The stock has a 50-day moving average price of $93.86 and a 200 day moving average price of $86.12. Avantis Emerging Markets Equity ETF has a 52 week low of $68.00 and a 52 week high of $100.83. The stock has a market cap of $24.62 billion, a PE 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.