Concord Asset Management LLC VA Raises Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Concord Asset Management LLC VA lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.1% in the 3rd quarter, Holdings Channel reports. The fund owned 211,823 shares of the company’s stock after buying an additional 6,289 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 3.1% of Concord Asset Management LLC VA’s holdings, making the stock its 7th largest position. Concord Asset Management LLC VA’s holdings in Avantis Emerging Markets Equity ETF were worth $13,684,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AVEM. Iron Horse Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at about $28,000. Gleason Group Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter valued at approximately $33,000. CVA Family Office LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 59.7% in the 2nd quarter. CVA Family Office LLC now owns 559 shares of the company’s stock worth $34,000 after buying an additional 209 shares during the period. Northwest Investment Counselors LLC purchased a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $37,000. Finally, City State Bank bought a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $45,000.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $60.29 on Friday. The firm has a market capitalization of $5.40 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a one year low of $52.72 and a one year high of $66.31. The business has a fifty day moving average price of $63.05 and a 200-day moving average price of $61.73.

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.