Iron Horse Wealth Management LLC Purchases New Shares in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Iron Horse Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 430 shares of the company’s stock, valued at approximately $28,000.

Several other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 104.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,093 shares of the company’s stock worth $344,000 after buying an additional 3,113 shares during the period. Flagstar Advisors Inc. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 15.0% during the first quarter. Flagstar Advisors Inc. now owns 7,426 shares of the company’s stock worth $430,000 after purchasing an additional 967 shares during the period. Visionary Horizons LLC grew its position in Avantis Emerging Markets Equity ETF by 3.9% during the first quarter. Visionary Horizons LLC now owns 143,251 shares of the company’s stock valued at $8,244,000 after purchasing an additional 5,417 shares in the last quarter. Signet Financial Management LLC increased its stake in Avantis Emerging Markets Equity ETF by 85.8% in the 1st quarter. Signet Financial Management LLC now owns 129,775 shares of the company’s stock valued at $7,522,000 after buying an additional 59,931 shares during the period. Finally, ERn Financial LLC lifted its position in Avantis Emerging Markets Equity ETF by 2.7% in the 1st quarter. ERn Financial LLC now owns 171,371 shares of the company’s stock worth $9,933,000 after buying an additional 4,447 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.5 %

Shares of Avantis Emerging Markets Equity ETF stock traded down $0.32 on Wednesday, hitting $63.51. 421,527 shares of the company traded hands, compared to its average volume of 379,777. Avantis Emerging Markets Equity ETF has a 12-month low of $50.65 and a 12-month high of $66.31. The company has a market cap of $5.68 billion, a PE ratio of 9.91 and a beta of 0.88. The company has a 50-day moving average price of $62.55 and a 200 day moving average price of $61.16.

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.