WMG Financial Advisors LLC Buys 3,701 Shares of Avantis Emerging Markets Equity ETF $AVEM

WMG Financial Advisors LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 110,627 shares of the company’s stock after purchasing an additional 3,701 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 2.8% of WMG Financial Advisors LLC’s portfolio, making the stock its 6th largest position. WMG Financial Advisors LLC owned approximately 0.07% of Avantis Emerging Markets Equity ETF worth $7,582,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Morton Brown Family Wealth LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 8.3% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 462,071 shares of the company’s stock worth $31,670,000 after purchasing an additional 35,484 shares during the period. Edge Financial Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth approximately $330,000. McElhenny Sheffield Capital Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth approximately $69,000. L.K. Benson & Company P.C. raised its position in shares of Avantis Emerging Markets Equity ETF by 1.0% during the 2nd quarter. L.K. Benson & Company P.C. now owns 21,564 shares of the company’s stock worth $1,478,000 after purchasing an additional 207 shares during the period. Finally, Austin Asset Management Co Inc raised its position in shares of 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 worth $458,000 after purchasing an additional 199 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.8%

Shares of Avantis Emerging Markets Equity ETF stock opened at $75.87 on Friday. The business’s 50 day simple moving average is $72.89 and its 200-day simple moving average is $67.27. The stock has a market capitalization of $13.74 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $76.72.

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.