Symphony Financial Ltd. Co. Purchases 31,017 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Symphony Financial Ltd. Co. lifted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 341.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,102 shares of the company’s stock after purchasing an additional 31,017 shares during the quarter. Symphony Financial Ltd. Co. owned about 0.07% of Avantis Emerging Markets Equity ETF worth $2,137,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Creative Capital Management Investments LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 2.7% in the first quarter. Creative Capital Management Investments LLC now owns 8,206 shares of the company’s stock worth $434,000 after buying an additional 212 shares during the last quarter. Team Hewins LLC raised its stake in Avantis Emerging Markets Equity ETF by 0.3% in the 1st quarter. Team Hewins LLC now owns 91,589 shares of the company’s stock worth $4,844,000 after acquiring an additional 249 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in Avantis Emerging Markets Equity ETF by 1.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 14,513 shares of the company’s stock worth $667,000 after acquiring an additional 260 shares during the period. Nations Financial Group Inc. IA ADV grew its stake in Avantis Emerging Markets Equity ETF by 4.4% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 6,870 shares of the company’s stock valued at $363,000 after purchasing an additional 287 shares during the last quarter. Finally, KCS Wealth Advisory increased its holdings in shares of Avantis Emerging Markets Equity ETF by 4.9% in the first quarter. KCS Wealth Advisory now owns 6,298 shares of the company’s stock valued at $333,000 after purchasing an additional 292 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.6 %

Shares of NYSEARCA:AVEM traded down $0.31 during trading on Tuesday, hitting $53.85. The stock had a trading volume of 64,859 shares, compared to its average volume of 278,061. Avantis Emerging Markets Equity ETF has a 12-month low of $44.37 and a 12-month high of $57.31. The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of 7.73 and a beta of 0.80. The stock has a 50-day simple moving average of $54.62 and a two-hundred day simple moving average of $53.52.

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.