Gradient Investments LLC Has $34.81 Million Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Gradient Investments LLC increased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 592,175 shares of the company’s stock after buying an additional 26,509 shares during the period. Gradient Investments LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $34,814,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Exchange Traded Concepts LLC acquired a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at $12,249,000. LexAurum Advisors LLC raised its stake in Avantis Emerging Markets Equity ETF by 3.2% in the fourth quarter. LexAurum Advisors LLC now owns 62,060 shares of the company’s stock valued at $3,649,000 after purchasing an additional 1,903 shares in the last quarter. Endeavor Private Wealth Inc. bought a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $1,200,000. Signature Resources Capital Management LLC lifted its position in Avantis Emerging Markets Equity ETF by 3.4% during the fourth quarter. Signature Resources Capital Management LLC now owns 47,871 shares of the company’s stock worth $2,814,000 after purchasing an additional 1,586 shares during the period. Finally, Tarbox Family Office Inc. grew its stake in Avantis Emerging Markets Equity ETF by 1.1% during the fourth quarter. Tarbox Family Office Inc. now owns 545,400 shares of the company’s stock worth $32,064,000 after buying an additional 6,036 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.3 %

Shares of NYSEARCA:AVEM opened at $59.84 on Friday. The firm has a 50 day moving average of $60.05 and a 200-day moving average of $61.35. Avantis Emerging Markets Equity ETF has a 12 month low of $54.33 and a 12 month high of $66.31. The stock has a market capitalization of $5.36 billion, a PE ratio of 9.91 and a beta of 0.88.

Avantis Emerging Markets Equity ETF Company 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.