238,063 Shares in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Bought by Apollon Wealth Management LLC

Apollon Wealth Management LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 238,063 shares of the company’s stock, valued at approximately $13,424,000. Apollon Wealth Management LLC owned 0.35% of Avantis Emerging Markets Equity ETF as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the company. Sterneck Capital Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 3.1% in the third quarter. Sterneck Capital Management LLC now owns 8,006 shares of the company’s stock valued at $423,000 after acquiring an additional 240 shares during the period. Altus Wealth Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 2.3% during the 4th quarter. Altus Wealth Group LLC now owns 11,024 shares of the company’s stock valued at $622,000 after purchasing an additional 253 shares in the last quarter. Lauterbach Financial Advisors LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 6.7% during the 3rd quarter. Lauterbach Financial Advisors LLC now owns 4,383 shares of the company’s stock valued at $231,000 after purchasing an additional 275 shares in the last quarter. Good Life Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 1.1% during the fourth quarter. Good Life Advisors LLC now owns 25,510 shares of the company’s stock worth $1,439,000 after acquiring an additional 277 shares in the last quarter. Finally, Morris Financial Concepts Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 2.3% during the fourth quarter. Morris Financial Concepts Inc. now owns 12,677 shares of the company’s stock worth $715,000 after acquiring an additional 282 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM traded down $0.45 during mid-day trading on Tuesday, hitting $59.98. 259,982 shares of the company traded hands, compared to its average volume of 343,409. The stock has a 50-day moving average price of $57.98 and a two-hundred day moving average price of $55.88. Avantis Emerging Markets Equity ETF has a 1 year low of $50.65 and a 1 year high of $60.49. The stock has a market cap of $5.37 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.