Diversify Wealth Management LLC Takes $288,000 Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Diversify Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,529 shares of the company’s stock, valued at approximately $288,000.

A number of other institutional investors also recently modified their holdings of AVEM. Iron Horse Wealth Management LLC acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $28,000. Gleason Group Inc. acquired a new position in Avantis Emerging Markets Equity ETF in the second quarter valued at about $33,000. CVA Family Office LLC raised its stake in Avantis Emerging Markets Equity ETF by 59.7% in the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after purchasing an additional 209 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $37,000. Finally, City State Bank acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $45,000.

Avantis Emerging Markets Equity ETF Stock Up 0.2 %

AVEM stock opened at $62.59 on Friday. The company has a market cap of $5.60 billion, a PE ratio of 9.91 and a beta of 0.88. The business has a 50-day simple moving average of $62.82 and a 200 day simple moving average of $61.38. Avantis Emerging Markets Equity ETF has a 52 week low of $52.10 and a 52 week high of $66.31.

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.