Strategic Financial Concepts LLC Has $170.15 Million Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Strategic Financial Concepts LLC grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7,223.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,894,202 shares of the company’s stock after purchasing an additional 2,854,681 shares during the period. Strategic Financial Concepts LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $170,150,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Jane Street Group LLC increased its stake in Avantis Emerging Markets Equity ETF by 380.2% in the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after buying an additional 1,125,300 shares during the period. MML Investors Services LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 270.3% during the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock valued at $60,803,000 after acquiring an additional 687,056 shares in the last quarter. Merit Financial Group LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 486.2% in the fourth quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock worth $41,948,000 after acquiring an additional 591,800 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of Avantis Emerging Markets Equity ETF by 26,155,500.0% during the third quarter. Bank of Montreal Can now owns 523,112 shares of the company’s stock worth $34,264,000 after acquiring an additional 523,110 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in Avantis Emerging Markets Equity ETF by 31.1% during the third quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after purchasing an additional 506,778 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $59.98 on Friday. Avantis Emerging Markets Equity ETF has a one year low of $55.00 and a one year high of $66.31. The business’s 50-day moving average price is $59.75 and its two-hundred day moving average price is $61.14. The company has a market capitalization of $5.37 billion, a P/E ratio of 9.91 and a beta of 0.88.

Avantis Emerging Markets Equity ETF 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.