Clearwater Capital Advisors LLC Invests $897,000 in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Clearwater Capital Advisors LLC acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, HoldingsChannel reports. The firm acquired 15,259 shares of the company’s stock, valued at approximately $897,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AVEM. Savant Capital LLC raised its holdings in 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 in the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 7,223.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after purchasing an additional 2,854,681 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 31.1% in the 3rd quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after purchasing an additional 506,778 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 4.9% in the 4th quarter. HighTower Advisors LLC now owns 1,846,124 shares of the company’s stock valued at $108,534,000 after purchasing an additional 86,792 shares during the period. Finally, Jane Street Group LLC grew its stake in Avantis Emerging Markets Equity ETF by 380.2% during the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock worth $91,816,000 after buying an additional 1,125,300 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 2.1 %

AVEM opened at $61.48 on Monday. Avantis Emerging Markets Equity ETF has a 52 week low of $55.65 and a 52 week high of $66.31. The business’s 50 day moving average is $59.82 and its two-hundred day moving average is $61.19. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of 12.48 and a beta of 0.79.

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.