World Investment Advisors Has $641,000 Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

World Investment Advisors increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 24.7% during the fourth quarter, HoldingsChannel reports. The fund owned 10,911 shares of the company’s stock after buying an additional 2,158 shares during the period. World Investment Advisors’ holdings in Avantis Emerging Markets Equity ETF were worth $641,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in AVEM. Savant Capital LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 7.6% in the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after purchasing an additional 1,172,561 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in Avantis Emerging Markets Equity ETF by 7,223.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after acquiring an additional 2,854,681 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 4.9% during the 4th quarter. HighTower Advisors LLC now owns 1,846,124 shares of the company’s stock worth $108,534,000 after acquiring an additional 86,792 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 27.7% in the fourth quarter. American Century Companies Inc. now owns 1,777,291 shares of the company’s stock valued at $104,487,000 after purchasing an additional 385,780 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 9.8% during the fourth quarter. LPL Financial LLC now owns 1,337,721 shares of the company’s stock worth $78,645,000 after purchasing an additional 119,922 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 5.7 %

Avantis Emerging Markets Equity ETF stock opened at $56.10 on Monday. The company has a fifty day simple moving average of $60.48 and a 200 day simple moving average of $61.24. Avantis Emerging Markets Equity ETF has a 1-year low of $55.59 and a 1-year high of $66.31. The company has a market cap of $7.24 billion, a P/E ratio of 12.56 and a beta of 0.67.

About Avantis Emerging Markets Equity ETF

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.