HTG Investment Advisors Inc. Buys 12,388 Shares of Avantis Emerging Markets Equity ETF $AVEM

HTG Investment Advisors Inc. grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 21.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 69,228 shares of the company’s stock after purchasing an additional 12,388 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 1.8% of HTG Investment Advisors Inc.’s holdings, making the stock its 14th largest position. HTG Investment Advisors Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $4,745,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of AVEM. POM Investment Strategies LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at approximately $26,000. AdvisorNet Financial Inc lifted its stake in shares of Avantis Emerging Markets Equity ETF by 213.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after purchasing an additional 335 shares during the last quarter. South Plains Financial Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at approximately $41,000. Clarity Asset Management Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 31.5% in the 1st quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock valued at $45,000 after purchasing an additional 180 shares during the last quarter. Finally, JFS Wealth Advisors LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 543.8% in the 1st quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock valued at $50,000 after purchasing an additional 696 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $76.49 on Tuesday. The firm has a market capitalization of $13.74 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $76.63. The business has a 50 day simple moving average of $72.51 and a 200-day simple moving average of $67.05.

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.