Evensky & Katz LLC Increases Holdings in Avantis Emerging Markets Equity ETF $AVEM

Evensky & Katz LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 23,698 shares of the company’s stock after purchasing an additional 1,159 shares during the period. Evensky & Katz LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,624,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Maseco LLP purchased a new position in Avantis Emerging Markets Equity ETF in the second quarter valued at about $74,121,000. HB Wealth Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 5,090.0% in the 1st quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock worth $65,507,000 after purchasing an additional 1,067,724 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of Avantis Emerging Markets Equity ETF by 61.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock worth $85,854,000 after purchasing an additional 540,962 shares during the period. Financial Counselors Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 368.1% in the first quarter. Financial Counselors Inc. now owns 654,500 shares of the company’s stock valued at $39,381,000 after purchasing an additional 514,673 shares during the last quarter. Finally, Cresset Asset Management LLC lifted its stake in Avantis Emerging Markets Equity ETF by 123.3% in the first quarter. Cresset Asset Management LLC now owns 767,723 shares of the company’s stock valued at $46,194,000 after purchasing an additional 423,990 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM stock opened at $76.11 on Monday. The stock has a fifty day moving average of $72.37 and a 200-day moving average of $66.95. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $76.37. The company has a market capitalization of $13.67 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80.

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.