Concord Asset Management LLC VA Raises Holdings in Avantis Emerging Markets Equity ETF $AVEM

Concord Asset Management LLC VA increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 17.7% in the second quarter, HoldingsChannel reports. The firm owned 173,145 shares of the company’s stock after acquiring an additional 26,031 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 1.8% of Concord Asset Management LLC VA’s portfolio, making the stock its 12th biggest position. Concord Asset Management LLC VA’s holdings in Avantis Emerging Markets Equity ETF were worth $11,867,000 at the end of the most recent reporting period.

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

Avantis Emerging Markets Equity ETF Stock Down 3.7%

Avantis Emerging Markets Equity ETF stock opened at $73.09 on Monday. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $76.72. The company has a market capitalization of $13.24 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. The stock has a 50-day moving average price of $72.98 and a 200 day moving average price of $67.43.

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.