Convergence Financial LLC Grows Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Convergence Financial LLC increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 42.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,377 shares of the company’s stock after buying an additional 5,438 shares during the quarter. Convergence Financial LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,187,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AVEM. Wealthstream Advisors Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 1.2% in the second quarter. Wealthstream Advisors Inc. now owns 16,503 shares of the company’s stock valued at $1,008,000 after acquiring an additional 190 shares during the period. Tillman Hartley LLC raised its position in Avantis Emerging Markets Equity ETF by 1.4% during the 2nd quarter. Tillman Hartley LLC now owns 13,811 shares of the company’s stock valued at $844,000 after purchasing an additional 190 shares during the last quarter. CVA Family Office LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 59.7% in the 2nd quarter. CVA Family Office LLC now owns 559 shares of the company’s stock worth $34,000 after buying an additional 209 shares during the period. Trellis Wealth Advisors LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 0.3% in the 1st quarter. Trellis Wealth Advisors LLC now owns 79,564 shares of the company’s stock worth $4,612,000 after buying an additional 226 shares during the last quarter. Finally, HB Wealth Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 1.1% during the first quarter. HB Wealth Management LLC now owns 20,704 shares of the company’s stock valued at $1,200,000 after buying an additional 234 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.1 %

Shares of Avantis Emerging Markets Equity ETF stock opened at $63.30 on Friday. The business has a 50 day moving average of $62.71 and a 200 day moving average of $61.22. Avantis Emerging Markets Equity ETF has a 52 week low of $50.65 and a 52 week high of $66.31. The company has a market cap of $5.67 billion, a PE ratio of 9.91 and a beta of 0.88.

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.