Global Strategic Investment Solutions LLC Acquires Shares of 68,066 Avantis Emerging Markets Equity ETF $AVEM

Global Strategic Investment Solutions LLC acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 68,066 shares of the company’s stock, valued at approximately $4,665,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AVEM. POM Investment Strategies LLC bought a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $26,000. AdvisorNet Financial Inc boosted its stake in Avantis Emerging Markets Equity ETF by 213.4% in the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after acquiring an additional 335 shares during the last quarter. South Plains Financial Inc. bought a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $41,000. Clarity Asset Management Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 31.5% in the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock valued at $45,000 after acquiring an additional 180 shares during the last quarter. Finally, JFS Wealth Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 543.8% in the first quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock valued at $50,000 after acquiring an additional 696 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.3%

Shares of NYSEARCA AVEM opened at $76.11 on Friday. The company’s fifty day moving average is $72.37 and its 200-day moving average is $66.91. The stock has a market cap of $13.65 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $76.37.

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.