L.K. Benson & Company P.C. Acquires New Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

L.K. Benson & Company P.C. bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 21,307 shares of the company’s stock, valued at approximately $1,253,000. Avantis Emerging Markets Equity ETF accounts for about 0.9% of L.K. Benson & Company P.C.’s investment portfolio, making the stock its 28th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Compass Ion Advisors LLC purchased a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth about $274,000. Carlson Capital Management grew its stake in Avantis Emerging Markets Equity ETF by 33.7% in the 4th quarter. Carlson Capital Management now owns 81,153 shares of the company’s stock worth $4,771,000 after acquiring an additional 20,477 shares in the last quarter. Clarity Wealth Development LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth approximately $927,000. Dopkins Wealth Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 91.1% during the fourth quarter. Dopkins Wealth Management LLC now owns 91,191 shares of the company’s stock valued at $5,361,000 after acquiring an additional 43,471 shares in the last quarter. Finally, Axxcess Wealth Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 8.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 33,841 shares of the company’s stock valued at $1,989,000 after purchasing an additional 2,660 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.3 %

Shares of NYSEARCA:AVEM opened at $62.18 on Wednesday. The business’s 50 day moving average is $59.94 and its 200 day moving average is $61.20. The stock has a market cap of $7.88 billion, a P/E ratio of 12.48 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a 52-week low of $55.65 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.