Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Stock Position Lifted by Atwood & Palmer Inc.

Atwood & Palmer Inc. increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.6% in the 4th quarter, HoldingsChannel reports. The fund owned 604,139 shares of the company’s stock after buying an additional 26,431 shares during the quarter. Avantis Emerging Markets Equity ETF makes up about 2.4% of Atwood & Palmer Inc.’s holdings, making the stock its 10th largest holding. Atwood & Palmer Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $35,517,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVEM. Amplius Wealth Advisors LLC increased its stake in Avantis Emerging Markets Equity ETF by 41.3% in the 4th quarter. Amplius Wealth Advisors LLC now owns 275,941 shares of the company’s stock worth $16,223,000 after buying an additional 80,664 shares in the last quarter. Diversify Wealth Management LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 76.4% during the fourth quarter. Diversify Wealth Management LLC now owns 7,987 shares of the company’s stock worth $460,000 after purchasing an additional 3,458 shares in the last quarter. Evanson Asset Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 2.2% during the 4th quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock valued at $516,000 after purchasing an additional 187 shares during the period. Bayshore Asset Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 3.1% in the 4th quarter. Bayshore Asset Management LLC now owns 15,769 shares of the company’s stock worth $927,000 after purchasing an additional 476 shares in the last quarter. Finally, Grove Bank & Trust boosted its stake in Avantis Emerging Markets Equity ETF by 9.0% in the 4th quarter. Grove Bank & Trust now owns 31,529 shares of the company’s stock worth $1,854,000 after purchasing an additional 2,599 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $58.82 on Tuesday. Avantis Emerging Markets Equity ETF has a 1 year low of $53.21 and a 1 year high of $66.31. The company has a 50 day simple moving average of $60.18 and a two-hundred day simple moving average of $61.42. The firm has a market cap of $5.26 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.