Kavar Capital Partners Group LLC grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 4.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 154,372 shares of the company’s stock after purchasing an additional 6,984 shares during the period. Avantis Emerging Markets Equity ETF makes up 1.5% of Kavar Capital Partners Group LLC’s investment portfolio, making the stock its 17th largest position. Kavar Capital Partners Group LLC owned 0.12% of Avantis Emerging Markets Equity ETF worth $9,289,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 8.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 14,915,520 shares of the company’s stock worth $876,883,000 after purchasing an additional 1,115,487 shares during the period. Mercer Global Advisors Inc. ADV purchased a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth $471,967,000. Cerity Partners LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 2.8% during the fourth quarter. Cerity Partners LLC now owns 2,194,942 shares of the company’s stock worth $129,041,000 after buying an additional 60,499 shares during the period. Wells Fargo & Company MN grew its stake in shares of Avantis Emerging Markets Equity ETF by 40.0% in the fourth quarter. Wells Fargo & Company MN now owns 2,061,263 shares of the company’s stock valued at $121,182,000 after buying an additional 589,303 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 4.9% in the 4th quarter. HighTower Advisors LLC now owns 1,846,124 shares of the company’s stock valued at $108,534,000 after buying an additional 86,792 shares during the period.
Avantis Emerging Markets Equity ETF Trading Up 0.0%
AVEM opened at $67.95 on Thursday. The stock’s 50-day moving average price is $64.03 and its 200 day moving average price is $61.18. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $68.38. The firm has a market cap of $10.49 billion, a price-to-earnings ratio of 12.66 and a beta of 0.66.
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.
Featured Articles
- Five stocks we like better than Avantis Emerging Markets Equity ETF
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- Top 3 Bank Stocks to Watch as Fed Rate Cuts Loom
- Overbought Stocks Explained: Should You Trade Them?
- Uber and Tesla Surge on Robotaxis, Analyst Touts Texas Rides
- How to Invest in Biotech Stocks
- ASML Keeps Buying Back Its Own Stock—Chasing Discount and Upside
Want to see what other hedge funds are holding AVEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report).
Receive News & Ratings for Avantis Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantis Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.