Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Position Boosted by WorthPointe LLC

WorthPointe LLC raised its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,335 shares of the company’s stock after buying an additional 2,128 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 1.6% of WorthPointe LLC’s portfolio, making the stock its 11th largest position. WorthPointe LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,768,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Iron Horse Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at $28,000. Gleason Group Inc. acquired a new stake in Avantis Emerging Markets Equity ETF during the second quarter worth about $33,000. CVA Family Office LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 59.7% in the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock worth $34,000 after acquiring an additional 209 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $37,000. Finally, City State Bank bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $45,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $60.84 on Wednesday. Avantis Emerging Markets Equity ETF has a 1-year low of $52.72 and a 1-year high of $66.31. The firm has a market capitalization of $5.45 billion, a PE ratio of 9.91 and a beta of 0.88. The business’s fifty day moving average price is $63.15 and its two-hundred day moving average price is $61.79.

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.