Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Purchased by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,677 shares of the company’s stock after acquiring an additional 282 shares during the quarter. Morris Financial Concepts Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $715,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Perigon Wealth Management LLC increased its position in Avantis Emerging Markets Equity ETF by 135.7% in the 4th quarter. Perigon Wealth Management LLC now owns 47,358 shares of the company’s stock valued at $2,671,000 after acquiring an additional 27,269 shares during the period. Libra Wealth LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 15.9% during the 4th quarter. Libra Wealth LLC now owns 88,364 shares of the company’s stock valued at $4,983,000 after purchasing an additional 12,107 shares during the period. HTG Investment Advisors Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 4.7% during the 4th quarter. HTG Investment Advisors Inc. now owns 42,603 shares of the company’s stock valued at $2,402,000 after purchasing an additional 1,903 shares during the period. Morton Brown Family Wealth LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 14.4% during the 4th quarter. Morton Brown Family Wealth LLC now owns 322,840 shares of the company’s stock valued at $18,205,000 after purchasing an additional 40,632 shares during the period. Finally, Capasso Planning Partners LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 9.3% during the 4th quarter. Capasso Planning Partners LLC now owns 98,032 shares of the company’s stock valued at $5,528,000 after purchasing an additional 8,346 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock traded down $1.33 during mid-day trading on Friday, hitting $57.55. 297,996 shares of the stock traded hands, compared to its average volume of 356,421. Avantis Emerging Markets Equity ETF has a twelve month low of $50.65 and a twelve month high of $59.40. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of 7.73 and a beta of 0.80. The company’s 50-day simple moving average is $57.40 and its 200-day simple moving average is $55.18.

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.