Highland Financial Advisors LLC Increases Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Highland Financial Advisors LLC grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 97,352 shares of the company’s stock after acquiring an additional 2,910 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 2.0% of Highland Financial Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Highland Financial Advisors LLC owned approximately 0.11% of Avantis Emerging Markets Equity ETF worth $5,723,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Iron Horse Wealth Management LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $28,000. Northwest Investment Counselors LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $37,000. Brown Lisle Cummings Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $82,000. FMR LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 223.6% during the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after buying an additional 1,393 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $144,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $61.16 on Friday. The firm has a market cap of $5.47 billion, a PE ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a one year low of $55.65 and a one year high of $66.31. The firm has a fifty day moving average of $59.60 and a 200 day moving average of $61.14.

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.