Kestra Private Wealth Services LLC Acquires 14,227 Shares of Avantis Emerging Markets Equity ETF $AVEM

Kestra Private Wealth Services LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 32.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,457 shares of the company’s stock after purchasing an additional 14,227 shares during the period. Kestra Private Wealth Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,710,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in AVEM. Rothschild Investment LLC lifted its position in shares of 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 acquiring an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $36,000. Team Financial Group LLC grew its stake in 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 worth $43,000 after buying an additional 361 shares in the last quarter. Hantz Financial Services Inc. grew its position in Avantis Emerging Markets Equity ETF by 49.5% in the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after acquiring an additional 183 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $94.40 on Friday. The firm has a market cap of $24.62 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The firm has a 50 day moving average price of $93.86 and a 200-day moving average price of $86.06. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.00 and a fifty-two week high of $100.83.

Avantis Emerging Markets Equity ETF 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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.