WJ Interests LLC Has $20.80 Million Holdings in Avantis Emerging Markets Equity ETF $AVEM

WJ Interests LLC increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 258,181 shares of the company’s stock after buying an additional 7,378 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 8.0% of WJ Interests LLC’s holdings, making the stock its 6th biggest holding. WJ Interests LLC owned about 0.10% of Avantis Emerging Markets Equity ETF worth $20,804,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in Avantis Emerging Markets Equity ETF by 4.9% during the 3rd quarter. Bank of America Corp DE now owns 18,412,368 shares of the company’s stock worth $1,382,953,000 after buying an additional 867,710 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of Avantis Emerging Markets Equity ETF by 4.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,627,411 shares of the company’s stock worth $741,503,000 after buying an additional 418,018 shares during the last quarter. Align Financial LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $528,227,000. Wells Fargo & Company MN grew its holdings in shares of Avantis Emerging Markets Equity ETF by 17.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,675,729 shares of the company’s stock valued at $437,145,000 after acquiring an additional 837,069 shares in the last quarter. Finally, Morgan Stanley increased its position in shares of Avantis Emerging Markets Equity ETF by 12.6% in the fourth quarter. Morgan Stanley now owns 5,659,671 shares of the company’s stock valued at $435,908,000 after acquiring an additional 631,367 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $95.62 on Friday. Avantis Emerging Markets Equity ETF has a 52-week low of $68.00 and a 52-week high of $100.83. The firm has a market capitalization of $24.94 billion, a PE ratio of 12.66 and a beta of 0.73. The business’s 50-day simple moving average is $93.73 and its 200 day simple moving average is $86.00.

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