Verus Capital Partners LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 99.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,771 shares of the company’s stock after acquiring an additional 5,363 shares during the quarter. Verus Capital Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $830,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of AVEM. Rothschild Investment LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after acquiring an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth approximately $36,000. Team Financial Group LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after purchasing an additional 361 shares in the last quarter. Hantz Financial Services Inc. raised its stake in Avantis Emerging Markets Equity ETF by 49.5% in the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after purchasing an additional 183 shares during the last quarter. Finally, Evolution Wealth Management Inc. raised its stake in Avantis Emerging Markets Equity ETF by 209.7% in the 4th quarter. Evolution Wealth Management Inc. now owns 703 shares of the company’s stock valued at $54,000 after purchasing an additional 476 shares during the last quarter.
Avantis Emerging Markets Equity ETF Stock Down 0.7%
Shares of AVEM opened at $97.52 on Friday. Avantis Emerging Markets Equity ETF has a 52-week low of $66.01 and a 52-week high of $99.67. The stock has a market cap of $25.43 billion, a PE ratio of 12.66 and a beta of 0.73. The firm’s fifty day moving average is $89.70 and its two-hundred day moving average is $83.94.
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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.
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