Fragasso Financial Advisors Inc Has $8.38 Million Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Fragasso Financial Advisors Inc lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 129,774 shares of the company’s stock after purchasing an additional 7,003 shares during the quarter. Avantis Emerging Markets Equity ETF makes up about 0.6% of Fragasso Financial Advisors Inc’s investment portfolio, making the stock its 23rd largest position. Fragasso Financial Advisors Inc owned 0.14% of Avantis Emerging Markets Equity ETF worth $8,383,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealthstream Advisors Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 1.2% during the 2nd quarter. Wealthstream Advisors Inc. now owns 16,503 shares of the company’s stock worth $1,008,000 after purchasing an additional 190 shares in the last quarter. Tillman Hartley LLC grew 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 worth $844,000 after acquiring an additional 190 shares during the last quarter. CVA Family Office LLC increased its holdings in Avantis Emerging Markets Equity ETF by 59.7% during the 2nd quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after purchasing an additional 209 shares in the last quarter. Trellis Wealth Advisors LLC increased its holdings in Avantis Emerging Markets Equity ETF by 0.3% during the 1st quarter. Trellis Wealth Advisors LLC now owns 79,564 shares of the company’s stock valued at $4,612,000 after purchasing an additional 226 shares in the last quarter. Finally, HB Wealth Management LLC boosted its stake in Avantis Emerging Markets Equity ETF by 1.1% in the first quarter. HB Wealth Management LLC now owns 20,704 shares of the company’s stock worth $1,200,000 after purchasing an additional 234 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM traded up $0.38 during midday trading on Monday, reaching $66.14. The company’s stock had a trading volume of 210,457 shares, compared to its average volume of 373,475. The business’s fifty day simple moving average is $61.35 and its 200-day simple moving average is $60.63. Avantis Emerging Markets Equity ETF has a fifty-two week low of $50.65 and a fifty-two week high of $66.31. The company has a market capitalization of $5.92 billion, a P/E 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.