Flagstar Advisors Inc. Acquires 577 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Flagstar Advisors Inc. raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,072 shares of the company’s stock after acquiring an additional 577 shares during the quarter. Flagstar Advisors Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in AVEM. Sterneck Capital Management LLC increased its holdings in Avantis Emerging Markets Equity ETF by 17.6% during the 3rd quarter. Sterneck Capital Management LLC now owns 51,648 shares of the company’s stock worth $3,336,000 after acquiring an additional 7,737 shares during the period. Annandale Capital LLC boosted its stake in Avantis Emerging Markets Equity ETF by 33.8% during the second quarter. Annandale Capital LLC now owns 62,899 shares of the company’s stock valued at $3,842,000 after buying an additional 15,876 shares during the period. Raymond James & Associates grew its position in Avantis Emerging Markets Equity ETF by 123.1% during the third quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after buying an additional 105,243 shares in the last quarter. DBK Financial Counsel LLC increased its stake in Avantis Emerging Markets Equity ETF by 3.0% in the 3rd quarter. DBK Financial Counsel LLC now owns 10,178 shares of the company’s stock worth $657,000 after acquiring an additional 300 shares during the last quarter. Finally, Certified Advisory Corp raised its stake in Avantis Emerging Markets Equity ETF by 17.7% in the second quarter. Certified Advisory Corp now owns 85,619 shares of the company’s stock valued at $5,230,000 after purchasing an additional 12,897 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:AVEM opened at $60.98 on Friday. The firm has a fifty day moving average of $63.14 and a 200 day moving average of $61.75. Avantis Emerging Markets Equity ETF has a 52-week low of $52.72 and a 52-week high of $66.31. The firm has a market capitalization of $5.46 billion, a PE 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.