Prosperity Planning Inc. Has $7.91 Million Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Prosperity Planning Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 131,532 shares of the company’s stock after acquiring an additional 9,224 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 2.5% of Prosperity Planning Inc.’s investment portfolio, making the stock its 12th biggest holding. Prosperity Planning Inc. owned approximately 0.10% of Avantis Emerging Markets Equity ETF worth $7,914,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Minot DeBlois Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $26,000. Tucker Asset Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $33,000. Webster Bank N. A. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $46,000. Signaturefd LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $66,000. Finally, O Shaughnessy Asset Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 30.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,254 shares of the company’s stock valued at $74,000 after buying an additional 291 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $66.16 on Friday. The stock has a 50-day moving average of $61.13 and a 200-day moving average of $60.59. The company has a market cap of $10.08 billion, a PE ratio of 12.64 and a beta of 0.66. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $66.47.

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.