One Wealth Advisors LLC Acquires New Holdings in Avantis Emerging Markets Equity ETF $AVEM

One Wealth Advisors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the third quarter, HoldingsChannel reports. The firm bought 52,269 shares of the company’s stock, valued at approximately $3,926,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fortress Financial Solutions LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 2.6% during the 3rd quarter. Fortress Financial Solutions LLC now owns 5,145 shares of the company’s stock worth $386,000 after purchasing an additional 131 shares in the last quarter. Austin Asset Management Co Inc grew its holdings in Avantis Emerging Markets Equity ETF by 3.1% during the 2nd quarter. Austin Asset Management Co Inc now owns 6,686 shares of the company’s stock valued at $458,000 after buying an additional 199 shares during the last quarter. L.K. Benson & Company P.C. increased its position in Avantis Emerging Markets Equity ETF by 1.0% during the second quarter. L.K. Benson & Company P.C. now owns 21,564 shares of the company’s stock worth $1,478,000 after buying an additional 207 shares in the last quarter. Freedom Investment Management Inc. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 2.9% in the second quarter. Freedom Investment Management Inc. now owns 7,595 shares of the company’s stock worth $521,000 after acquiring an additional 216 shares during the last quarter. Finally, Hardin Capital Partners LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 2.1% in the third quarter. Hardin Capital Partners LLC now owns 13,578 shares of the company’s stock valued at $1,020,000 after acquiring an additional 275 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.3%

AVEM opened at $83.10 on Tuesday. The firm has a market cap of $18.19 billion, a P/E ratio of 12.66 and a beta of 0.68. The business’s fifty day simple moving average is $77.94 and its 200 day simple moving average is $75.11. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $83.44.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.