IFP Advisors Inc Purchases 9,137 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

IFP Advisors Inc lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 24.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,264 shares of the company’s stock after purchasing an additional 9,137 shares during the quarter. IFP Advisors Inc’s holdings in Avantis Emerging Markets Equity ETF were worth $2,779,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in AVEM. Gateway Wealth Partners LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 2.1% during the third quarter. Gateway Wealth Partners LLC now owns 44,600 shares of the company’s stock valued at $2,881,000 after purchasing an additional 916 shares in the last quarter. SC&H Financial Advisors Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 5.0% during the third quarter. SC&H Financial Advisors Inc. now owns 265,430 shares of the company’s stock valued at $17,147,000 after purchasing an additional 12,624 shares in the last quarter. Farmers & Merchants Investments Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $210,000. Strategic Blueprint LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 1.6% during the third quarter. Strategic Blueprint LLC now owns 49,741 shares of the company’s stock valued at $3,213,000 after purchasing an additional 780 shares in the last quarter. Finally, First Trust Direct Indexing L.P. bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $331,000.

Avantis Emerging Markets Equity ETF Trading Up 0.0 %

Shares of NYSEARCA:AVEM opened at $60.89 on Wednesday. Avantis Emerging Markets Equity ETF has a 12-month low of $55.65 and a 12-month high of $66.31. The stock has a fifty day simple moving average of $59.54 and a two-hundred day simple moving average of $61.28. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.