Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by JRM Investment Counsel LLC

JRM Investment Counsel LLC boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.4% in the 4th quarter, Holdings Channel reports. The firm owned 270,496 shares of the company’s stock after purchasing an additional 16,223 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 5.6% of JRM Investment Counsel LLC’s investment portfolio, making the stock its 6th biggest holding. JRM Investment Counsel LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $15,902,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Flagstar Advisors Inc. raised its stake in Avantis Emerging Markets Equity ETF by 2.2% during the 4th quarter. Flagstar Advisors Inc. now owns 8,247 shares of the company’s stock valued at $485,000 after acquiring an additional 175 shares during the last quarter. ORBA Wealth Advisors L.L.C. grew its position in Avantis Emerging Markets Equity ETF by 0.3% in the 4th quarter. ORBA Wealth Advisors L.L.C. now owns 65,396 shares of the company’s stock valued at $3,845,000 after buying an additional 175 shares during the last quarter. Evanson Asset Management LLC increased its stake in Avantis Emerging Markets Equity ETF by 2.2% in the 4th quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock valued at $516,000 after buying an additional 187 shares during the period. Truist Financial Corp raised its position in Avantis Emerging Markets Equity ETF by 4.1% during the 4th quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock worth $337,000 after buying an additional 224 shares during the last quarter. Finally, Good Life Advisors LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 0.9% in the fourth quarter. Good Life Advisors LLC now owns 25,706 shares of the company’s stock valued at $1,511,000 after acquiring an additional 239 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.9 %

Shares of AVEM opened at $62.22 on Friday. The stock’s 50 day moving average is $59.78 and its two-hundred day moving average is $60.26. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $66.31. The firm has a market capitalization of $8.31 billion, a PE ratio of 11.74 and a beta of 0.67.

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.