Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by Nwam LLC

Nwam LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.0% in the fourth quarter, HoldingsChannel reports. The firm owned 15,944 shares of the company’s stock after purchasing an additional 1,182 shares during the quarter. Nwam LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $937,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Savant Capital LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 7.6% during the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after purchasing an additional 1,172,561 shares during the period. Strategic Financial Concepts LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 7,223.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after buying an additional 2,854,681 shares in the last quarter. Haverford Trust Co grew its holdings in shares of Avantis Emerging Markets Equity ETF by 0.6% during the third quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock valued at $145,262,000 after buying an additional 13,301 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 31.1% during the third quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after buying an additional 506,778 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 0.3% during the third quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock valued at $113,638,000 after buying an additional 4,738 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.3 %

Shares of AVEM stock opened at $59.26 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $55.65 and a 1-year high of $66.31. The company has a market capitalization of $7.42 billion, a price-to-earnings ratio of 11.90 and a beta of 0.78. The stock’s fifty day simple moving average is $59.61 and its 200-day simple moving average is $61.27.

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.