Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by Flagstar Advisors Inc.

Flagstar Advisors Inc. increased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,247 shares of the company’s stock after acquiring an additional 175 shares during the quarter. Flagstar Advisors Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $485,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AVEM. Iron Horse Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $28,000. Northwest Investment Counselors LLC acquired a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth $37,000. Brown Lisle Cummings Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $82,000. FMR LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after purchasing an additional 1,393 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter worth about $144,000.

Avantis Emerging Markets Equity ETF Trading Up 0.8 %

Shares of AVEM opened at $61.64 on Wednesday. The firm has a market cap of $5.52 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52 week low of $55.65 and a 52 week high of $66.31. The stock has a 50 day moving average of $59.56 and a 200-day moving average of $61.17.

Avantis Emerging Markets Equity ETF 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.