Transamerica Financial Advisors Inc. Invests $3.16 Million in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Transamerica Financial Advisors Inc. acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 48,921 shares of the company’s stock, valued at approximately $3,161,000. Transamerica Financial Advisors Inc. owned approximately 0.05% of Avantis Emerging Markets Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in AVEM. Iron Horse Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $28,000. Gleason Group Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the second quarter worth approximately $33,000. CVA Family Office LLC grew 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 worth $34,000 after acquiring an additional 209 shares in the last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $37,000. Finally, City State Bank acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $45,000.

Avantis Emerging Markets Equity ETF Trading Down 0.4 %

Shares of AVEM stock traded down $0.27 on Tuesday, reaching $60.90. 17,879 shares of the stock were exchanged, compared to its average volume of 387,953. The company has a market capitalization of $5.45 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The business’s 50 day moving average price is $63.15 and its 200 day moving average price is $61.79. Avantis Emerging Markets Equity ETF has a twelve month low of $52.72 and a twelve month high of $66.31.

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.