HORAN Wealth LLC Has $28.16 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

HORAN Wealth LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 67.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 291,832 shares of the company’s stock after buying an additional 117,209 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 3.5% of HORAN Wealth LLC’s holdings, making the stock its 5th biggest holding. HORAN Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $28,159,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Ameritas Advisory Services LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 285.5% in the 2nd quarter. Ameritas Advisory Services LLC now owns 42,595 shares of the company’s stock valued at $4,110,000 after buying an additional 31,547 shares during the last quarter. Wedmont Private Capital grew its position in shares of Avantis Emerging Markets Equity ETF by 40.8% in the second quarter. Wedmont Private Capital now owns 69,313 shares of the company’s stock valued at $6,525,000 after purchasing an additional 20,083 shares during the last quarter. Kintra Wealth LLC bought a new position in Avantis Emerging Markets Equity ETF during the 2nd quarter worth $6,842,000. PCG Wealth Advisors LLC increased its position in Avantis Emerging Markets Equity ETF by 32.0% during the second quarter. PCG Wealth Advisors LLC now owns 14,656 shares of the company’s stock worth $1,414,000 after acquiring an additional 3,551 shares during the period. Finally, Endeavor Private Wealth Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 9.6% during the second quarter. Endeavor Private Wealth Inc. now owns 23,762 shares of the company’s stock worth $2,293,000 after purchasing an additional 2,082 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $96.81 on Monday. The business’s fifty day moving average is $92.57 and its 200-day moving average is $90.37. The firm has a market cap of $27.55 billion, a P/E ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 52-week low of $71.68 and a 52-week high of $100.83.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.