Avantis Emerging Markets Equity ETF $AVEM Position Increased by Private Advisor Group LLC

Private Advisor Group LLC lifted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.3% in the 1st quarter, Holdings Channel reports. The fund owned 499,441 shares of the company’s stock after buying an additional 6,180 shares during the period. Private Advisor Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $40,245,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Asempa Wealth Advisors purchased a new position in Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $939,000. Breakwater Capital Group grew its position in Avantis Emerging Markets Equity ETF by 14.8% in the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after acquiring an additional 6,774 shares in the last quarter. Greenwood Capital Associates LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 24.5% during the 4th quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock valued at $3,870,000 after purchasing an additional 9,895 shares in the last quarter. ACT Advisors LLC. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 3.4% in the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after purchasing an additional 10,245 shares during the last quarter. Finally, Armstrong Fleming & Moore Inc lifted its stake in shares of Avantis Emerging Markets Equity ETF by 16.0% in the 4th quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock valued at $18,010,000 after purchasing an additional 32,228 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 $94.31 and its two-hundred day moving average is $86.61. The firm has a market cap of $25.11 billion, a P/E ratio of 12.66 and a beta of 0.73.

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