Avantis Emerging Markets Equity ETF $AVEM Stock Holdings Raised by Red Lighthouse Investment Management LLC

Red Lighthouse Investment Management LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 92,924 shares of the company’s stock after buying an additional 3,727 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 2.4% of Red Lighthouse Investment Management LLC’s holdings, making the stock its 9th largest holding. Red Lighthouse Investment Management LLC owned about 0.06% of Avantis Emerging Markets Equity ETF worth $6,369,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Royal Bank of Canada increased its holdings in Avantis Emerging Markets Equity ETF by 7.8% during the 1st quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock worth $17,485,000 after purchasing an additional 20,996 shares during the last quarter. Stone Summit Wealth LLC increased its holdings in Avantis Emerging Markets Equity ETF by 2.8% during the 2nd quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock worth $2,356,000 after purchasing an additional 935 shares during the last quarter. Brown Advisory Inc. purchased a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter worth approximately $426,000. Janney Montgomery Scott LLC increased its holdings in Avantis Emerging Markets Equity ETF by 27.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 29,823 shares of the company’s stock worth $2,044,000 after purchasing an additional 6,387 shares during the last quarter. Finally, XY Planning Network Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 89.7% during the 2nd quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock worth $531,000 after purchasing an additional 3,663 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.6%

AVEM stock opened at $77.20 on Monday. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $77.35. The stock’s 50 day moving average is $74.09 and its two-hundred day moving average is $68.74. The company has a market capitalization of $14.24 billion, a PE ratio of 12.66 and a beta of 0.80.

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.