Philip James Wealth Mangement LLC Boosts Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Philip James Wealth Mangement LLC grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,543 shares of the company’s stock after purchasing an additional 593 shares during the period. Philip James Wealth Mangement LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,956,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in AVEM. Maseco LLP purchased a new position in Avantis Emerging Markets Equity ETF in the second quarter worth approximately $74,121,000. HB Wealth Management LLC grew its position in Avantis Emerging Markets Equity ETF by 5,090.0% in the first quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock worth $65,507,000 after acquiring an additional 1,067,724 shares during the period. Jones Financial Companies Lllp grew its position in Avantis Emerging Markets Equity ETF by 61.4% in the first quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock worth $85,854,000 after acquiring an additional 540,962 shares during the period. Financial Counselors Inc. grew its position in Avantis Emerging Markets Equity ETF by 368.1% in the first quarter. Financial Counselors Inc. now owns 654,500 shares of the company’s stock worth $39,381,000 after acquiring an additional 514,673 shares during the period. Finally, Cresset Asset Management LLC grew its position in Avantis Emerging Markets Equity ETF by 123.3% in the first quarter. Cresset Asset Management LLC now owns 767,723 shares of the company’s stock worth $46,194,000 after acquiring an additional 423,990 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $75.78 on Thursday. The firm has a market capitalization of $12.41 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $75.91. The stock has a 50 day moving average of $72.16 and a 200 day moving average of $66.69.

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.