Fonville Wealth Management LLC Buys 6,802 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Fonville Wealth Management LLC grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 143,684 shares of the company’s stock after buying an additional 6,802 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 3.2% of Fonville Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Fonville Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $9,282,000 as of its most recent filing with the Securities & Exchange Commission.

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

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock traded up $0.52 during midday trading on Friday, reaching $63.01. The stock had a trading volume of 48,391 shares, compared to its average volume of 380,292. The stock has a market capitalization of $5.64 billion, a P/E ratio of 9.91 and a beta of 0.88. The firm’s fifty day simple moving average is $62.81 and its 200-day simple moving average is $61.34. Avantis Emerging Markets Equity ETF has a 1-year low of $52.10 and a 1-year high of $66.31.

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.