Avantis Emerging Markets Equity ETF $AVEM Holdings Raised by World Investment Advisors

World Investment Advisors boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 385.1% in the first quarter, Holdings Channel.com reports. The firm owned 165,605 shares of the company’s stock after purchasing an additional 131,469 shares during the period. World Investment Advisors’ holdings in Avantis Emerging Markets Equity ETF were worth $13,344,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC lifted its stake in Avantis Emerging Markets Equity ETF by 13.2% in the first quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after acquiring an additional 2,596 shares during the last quarter. M&T Bank Corp acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at $287,000. Diversify Advisory Services LLC bought a new stake in Avantis Emerging Markets Equity ETF in the second quarter worth $478,000. Diversify Wealth Management LLC increased its position in Avantis Emerging Markets Equity ETF by 20.3% during the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock worth $946,000 after buying an additional 2,244 shares during the last quarter. Finally, Quantinno Capital Management LP increased its position in Avantis Emerging Markets Equity ETF by 74.1% during the second quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock worth $1,010,000 after buying an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $92.44 on Friday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.15 and a fifty-two week high of $100.83. The stock’s 50-day moving average is $94.36 and its two-hundred day moving average is $86.65. The firm has a market cap of $25.11 billion, a P/E ratio of 12.66 and a beta of 0.73.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.