Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Stake Lifted by Waterfront Wealth Inc.

Waterfront Wealth Inc. increased its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,192 shares of the company’s stock after acquiring an additional 1,149 shares during the period. Waterfront Wealth Inc. owned approximately 0.06% of Avantis Emerging Markets Equity ETF worth $3,127,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AVEM. Raymond James & Associates boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 123.1% in the third quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock valued at $12,321,000 after acquiring an additional 105,243 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 417.7% in the third quarter. Private Advisor Group LLC now owns 201,308 shares of the company’s stock valued at $13,005,000 after acquiring an additional 162,424 shares in the last quarter. Index Fund Advisors Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $201,000. Leading Edge Financial Planning LLC lifted its stake in Avantis Emerging Markets Equity ETF by 4.8% during the third quarter. Leading Edge Financial Planning LLC now owns 21,831 shares of the company’s stock valued at $1,410,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 5.0% during the third quarter. Mraz Amerine & Associates Inc. now owns 36,279 shares of the company’s stock valued at $2,344,000 after purchasing an additional 1,724 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $61.95 on Friday. Avantis Emerging Markets Equity ETF has a 12 month low of $55.65 and a 12 month high of $66.31. The firm has a market cap of $5.54 billion, a PE ratio of 9.91 and a beta of 0.88. The firm has a 50 day simple moving average of $59.54 and a 200 day simple moving average of $61.18.

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.