Patriot Financial Group Insurance Agency LLC Grows Stake in Avantis Emerging Markets Equity ETF $AVEM

Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 148.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,234 shares of the company’s stock after acquiring an additional 19,881 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,678,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Rothschild Investment LLC raised its holdings in Avantis Emerging Markets Equity ETF by 192.7% during the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $36,000. Team Financial Group LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 49.5% in the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after buying an additional 183 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at $47,000.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $94.40 on Monday. The firm’s fifty day moving average price is $93.86 and its 200 day moving average price is $86.12. Avantis Emerging Markets Equity ETF has a 12 month low of $68.00 and a 12 month high of $100.83. The company has a market capitalization of $24.62 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

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.