Avantis Emerging Markets Equity ETF $AVEM Shares Bought by World Investment Advisors

World Investment Advisors lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 385.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 165,605 shares of the company’s stock after acquiring an additional 131,469 shares during the quarter. World Investment Advisors owned 0.06% of Avantis Emerging Markets Equity ETF worth $13,344,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of AVEM. Rothschild Investment LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 192.7% during the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after purchasing an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter worth about $36,000. Team Financial Group LLC lifted its stake in Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares in the last quarter. Hantz Financial Services Inc. boosted 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 worth $43,000 after buying an additional 183 shares during the period. Finally, Motiv8 Investments LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth approximately $47,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $92.44 on Friday. The firm has a market capitalization of $25.11 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 52-week low of $68.15 and a 52-week high of $100.83. The company’s 50 day simple moving average is $94.36 and its 200-day simple moving average is $86.65.

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