Avantis Emerging Markets Equity ETF $AVEM is Foster & Motley Inc.’s 8th Largest Position

Foster & Motley Inc. reduced its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 521,207 shares of the company’s stock after selling 12,037 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 2.2% of Foster & Motley Inc.’s holdings, making the stock its 8th largest position. Foster & Motley Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $41,999,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AVEM. Rothschild Investment LLC increased its stake in Avantis Emerging Markets Equity ETF by 192.7% during the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $36,000. Team Financial Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% in the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after purchasing an additional 361 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 49.5% in the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after purchasing an additional 183 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $47,000.

Avantis Emerging Markets Equity ETF Stock Up 0.9%

Shares of AVEM opened at $95.62 on Friday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.00 and a fifty-two week high of $100.83. The firm’s 50 day moving average price is $93.73 and its 200 day moving average price is $86.00. The company has a market cap of $24.94 billion, a P/E ratio of 12.66 and a beta of 0.73.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.