Orion Capital Management LLC Increases Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Orion Capital Management LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 17.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,710 shares of the company’s stock after purchasing an additional 1,415 shares during the period. Orion Capital Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $666,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. POM Investment Strategies LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter valued at $26,000. AdvisorNet Financial Inc lifted its position in shares of Avantis Emerging Markets Equity ETF by 213.4% in the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after acquiring an additional 335 shares in the last quarter. South Plains Financial Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at $41,000. Clarity Asset Management Inc. increased its position in Avantis Emerging Markets Equity ETF by 31.5% during the 1st quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after purchasing an additional 180 shares in the last quarter. Finally, Hollencrest Capital Management purchased a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter worth about $59,000.

Avantis Emerging Markets Equity ETF Trading Up 0.6%

NYSEARCA:AVEM opened at $77.20 on Friday. The firm has a market cap of $14.24 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. The company’s 50-day moving average is $74.09 and its two-hundred day moving average is $68.66. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $77.35.

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.