Janney Montgomery Scott LLC Has $4.14 Million Position in Avantis Emerging Markets Equity ETF $AVEM

Janney Montgomery Scott LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 41.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,440 shares of the company’s stock after purchasing an additional 15,052 shares during the period. Janney Montgomery Scott LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,145,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of AVEM. Asempa Wealth Advisors bought a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $939,000. Breakwater Capital Group raised its stake in Avantis Emerging Markets Equity ETF by 14.8% in the 4th quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after purchasing an additional 6,774 shares in the last quarter. Greenwood Capital Associates LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 24.5% in the 4th quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock valued at $3,870,000 after purchasing an additional 9,895 shares during the period. ACT Advisors LLC. boosted its holdings in Avantis Emerging Markets Equity ETF by 3.4% in the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after purchasing an additional 10,245 shares during the period. Finally, Armstrong Fleming & Moore Inc grew its position in shares of Avantis Emerging Markets Equity ETF by 16.0% during the 4th quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock worth $18,010,000 after purchasing an additional 32,228 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $92.44 on Monday. The company has a market cap of $25.20 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The company has a 50 day moving average of $94.36 and a 200-day moving average of $86.72. Avantis Emerging Markets Equity ETF has a 1-year low of $68.15 and a 1-year 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.