Lauterbach Financial Advisors LLC Boosts Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Lauterbach Financial Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 36.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,813 shares of the company’s stock after purchasing an additional 1,547 shares during the period. Lauterbach Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $344,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of AVEM. TD Capital Management LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $25,000. Principal Securities Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $31,000. Gleason Group Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $33,000. CVA Family Office LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 59.7% in the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after acquiring an additional 209 shares during the period. Finally, Bessemer Group Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $69,000.

Avantis Emerging Markets Equity ETF Trading Down 0.4 %

AVEM stock opened at $60.73 on Thursday. The firm has a 50 day moving average of $60.70 and a 200-day moving average of $60.06. Avantis Emerging Markets Equity ETF has a 12 month low of $50.65 and a 12 month high of $63.64. The firm has a market capitalization of $5.44 billion, a P/E 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.