Greenup Street Wealth Management LLC Grows Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Greenup Street Wealth Management LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 491,387 shares of the company’s stock after acquiring an additional 48,130 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 5.9% of Greenup Street Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Greenup Street Wealth Management LLC owned about 0.31% of Avantis Emerging Markets Equity ETF worth $33,680,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC bought a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at $1,410,000. Royal Bank of Canada grew its stake in shares of Avantis Emerging Markets Equity ETF by 7.8% during the first quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock valued at $17,485,000 after buying an additional 20,996 shares during the last quarter. Stone Summit Wealth LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 2.8% during the second quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock valued at $2,356,000 after buying an additional 935 shares during the last quarter. Brown Advisory Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at about $426,000. Finally, XY Planning Network Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 89.7% during the second quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock valued at $531,000 after buying an additional 3,663 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 1.2%

Shares of NYSEARCA:AVEM opened at $77.00 on Tuesday. The stock’s 50-day moving average price is $73.67 and its 200-day moving average price is $68.12. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $77.14. The stock has a market capitalization of $14.00 billion, a P/E ratio of 12.66 and a beta of 0.80.

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.