Mraz Amerine & Associates Inc. Increases Holdings in Avantis Emerging Markets Equity ETF $AVEM

Mraz Amerine & Associates Inc. raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 18.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 53,437 shares of the company’s stock after acquiring an additional 8,229 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 0.6% of Mraz Amerine & Associates Inc.’s investment portfolio, making the stock its 24th largest position. Mraz Amerine & Associates Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $3,663,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 0.8% during the first quarter. Envestnet Asset Management Inc. now owns 15,030,769 shares of the company’s stock worth $904,401,000 after buying an additional 115,249 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Avantis Emerging Markets Equity ETF by 15.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock valued at $143,887,000 after acquiring an additional 319,437 shares in the last quarter. Cerity Partners LLC raised its holdings in Avantis Emerging Markets Equity ETF by 4.6% in the 1st quarter. Cerity Partners LLC now owns 2,295,240 shares of the company’s stock valued at $138,105,000 after acquiring an additional 100,298 shares during the last quarter. American Century Companies Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 8.6% in the 1st quarter. American Century Companies Inc. now owns 1,930,233 shares of the company’s stock valued at $116,142,000 after acquiring an additional 152,942 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Avantis Emerging Markets Equity ETF by 10.0% in the 1st quarter. LPL Financial LLC now owns 1,471,607 shares of the company’s stock worth $88,547,000 after purchasing an additional 133,886 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $76.49 on Tuesday. The stock’s 50 day simple moving average is $72.51 and its 200-day simple moving average is $67.05. The stock has a market cap of $13.74 billion, a P/E 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.

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.