Janney Montgomery Scott LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 23,436 shares of the company’s stock, valued at approximately $1,410,000.
Other institutional investors have also recently bought and sold shares of the company. Minot DeBlois Advisors LLC bought a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth $26,000. Tucker Asset Management LLC bought a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth $33,000. Webster Bank N. A. bought a new position in Avantis Emerging Markets Equity ETF in the 1st quarter worth $46,000. CVA Family Office LLC raised its holdings in Avantis Emerging Markets Equity ETF by 32.7% in the 1st quarter. CVA Family Office LLC now owns 848 shares of the company’s stock worth $51,000 after acquiring an additional 209 shares during the period. Finally, Signaturefd LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth about $66,000.
Avantis Emerging Markets Equity ETF Stock Performance
NYSEARCA:AVEM opened at $68.25 on Friday. The firm’s 50-day moving average is $64.44 and its 200-day moving average is $61.26. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $68.44. The company has a market cap of $10.67 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80.
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.
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