McElhenny Sheffield Capital Management LLC Acquires Shares of 1,013 Avantis Emerging Markets Equity ETF $AVEM

McElhenny Sheffield Capital Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the second quarter, according to its most recent filing with the SEC. The firm purchased 1,013 shares of the company’s stock, valued at approximately $69,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at approximately $1,410,000. Royal Bank of Canada lifted its position in shares of Avantis Emerging Markets Equity ETF by 7.8% during the 1st quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock valued at $17,485,000 after acquiring an additional 20,996 shares during the period. Brown Advisory Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at approximately $426,000. Stone Summit Wealth LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 2.8% during the 2nd quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock valued at $2,356,000 after acquiring an additional 935 shares during the period. Finally, XY Planning Network Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 89.7% during the 2nd quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock valued at $531,000 after acquiring an additional 3,663 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $75.87 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $76.72. The company has a market capitalization of $13.74 billion, a P/E ratio of 12.66 and a beta of 0.80. The business has a 50 day moving average price of $72.89 and a 200 day moving average price of $67.27.

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.