Aire Advisors LLC Has $12.41 Million Position in Avantis Emerging Markets Equity ETF $AVEM

Aire Advisors LLC lessened its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,118 shares of the company’s stock after selling 3,509 shares during the period. Avantis Emerging Markets Equity ETF makes up 2.4% of Aire Advisors LLC’s portfolio, making the stock its 13th biggest position. Aire Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $12,414,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of AVEM. Janney Montgomery Scott LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at about $1,410,000. CENTRAL TRUST Co lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 14.9% during the 1st quarter. CENTRAL TRUST Co now owns 17,896 shares of the company’s stock valued at $1,077,000 after purchasing an additional 2,325 shares in the last quarter. Lion Street Advisors LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 3.0% during the 1st quarter. Lion Street Advisors LLC now owns 8,649 shares of the company’s stock valued at $520,000 after purchasing an additional 253 shares in the last quarter. Seed Wealth Management Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 11.6% during the 1st quarter. Seed Wealth Management Inc. now owns 11,580 shares of the company’s stock valued at $697,000 after purchasing an additional 1,200 shares in the last quarter. Finally, MN Wealth Advisors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at about $3,991,000.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $75.80 on Thursday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $76.72. The stock has a market capitalization of $13.77 billion, a PE ratio of 12.66 and a beta of 0.80. The business’s 50-day simple moving average is $73.31 and its 200-day simple moving average is $67.64.

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.