Gradient Investments LLC Acquires 26,509 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Gradient Investments LLC raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 592,175 shares of the company’s stock after acquiring an additional 26,509 shares during the period. Gradient Investments LLC owned about 0.66% of Avantis Emerging Markets Equity ETF worth $34,814,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of AVEM. Iron Horse Wealth Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $28,000. Northwest Investment Counselors LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $37,000. City State Bank acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $45,000. Brown Lisle Cummings Inc. bought a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $82,000. Finally, Nemes Rush Group LLC boosted its stake in Avantis Emerging Markets Equity ETF by 68.1% in the 2nd quarter. Nemes Rush Group LLC now owns 1,787 shares of the company’s stock worth $109,000 after purchasing an additional 724 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 0.3 %

AVEM stock opened at $59.84 on Friday. The stock has a market cap of $5.36 billion, a PE ratio of 9.91 and a beta of 0.88. The stock has a 50-day moving average price of $60.05 and a two-hundred day moving average price of $61.35. Avantis Emerging Markets Equity ETF has a 1 year low of $54.33 and a 1 year high of $66.31.

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.