Parcion Private Wealth LLC Purchases New Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Parcion Private Wealth LLC purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,259 shares of the company’s stock, valued at approximately $211,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Convergence Financial LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 42.0% in the third quarter. Convergence Financial LLC now owns 18,377 shares of the company’s stock valued at $1,187,000 after purchasing an additional 5,438 shares during the last quarter. Tarbox Family Office Inc. increased its stake in Avantis Emerging Markets Equity ETF by 1.5% during the third quarter. Tarbox Family Office Inc. now owns 539,364 shares of the company’s stock worth $34,843,000 after acquiring an additional 7,969 shares during the last quarter. Mraz Amerine & Associates Inc. increased its stake in Avantis Emerging Markets Equity ETF by 5.0% during the third quarter. Mraz Amerine & Associates Inc. now owns 36,279 shares of the company’s stock worth $2,344,000 after acquiring an additional 1,724 shares during the last quarter. Leading Edge Financial Planning LLC increased its stake in Avantis Emerging Markets Equity ETF by 4.8% during the third quarter. Leading Edge Financial Planning LLC now owns 21,831 shares of the company’s stock worth $1,410,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Index Fund Advisors Inc. acquired a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth $201,000.

Avantis Emerging Markets Equity ETF Stock Down 0.1 %

AVEM stock opened at $63.30 on Friday. The business has a fifty day moving average of $62.71 and a two-hundred day moving average of $61.23. The stock has a market cap of $5.67 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52-week low of $50.65 and a 52-week high of $66.31.

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.