Avantis Emerging Markets Equity ETF $AVEM Stake Lifted by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 499,441 shares of the company’s stock after acquiring an additional 6,180 shares during the quarter. Private Advisor Group LLC owned about 0.19% of Avantis Emerging Markets Equity ETF worth $40,245,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 13.2% during the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after purchasing an additional 2,596 shares during the period. M&T Bank Corp acquired a new position in Avantis Emerging Markets Equity ETF during the second quarter worth about $287,000. Diversify Advisory Services LLC bought a new stake in Avantis Emerging Markets Equity ETF in the second quarter worth about $478,000. Diversify Wealth Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 20.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after acquiring an additional 2,244 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in Avantis Emerging Markets Equity ETF by 74.1% in the 2nd quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after acquiring an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.2%

NYSEARCA:AVEM opened at $92.44 on Friday. The company has a 50-day moving average of $94.31 and a 200-day moving average of $86.61. The firm has a market cap of $25.11 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a twelve month low of $68.15 and a twelve month high of $100.83.

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.