Mesirow Financial Investment Management Inc. Acquires 2,281 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Mesirow Financial Investment Management Inc. lifted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 61.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,019 shares of the company’s stock after purchasing an additional 2,281 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $354,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. FMR LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after buying an additional 1,393 shares during the last quarter. Natixis Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 12.6% during the 3rd quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock worth $1,217,000 after purchasing an additional 2,107 shares during the last quarter. Truist Financial Corp raised its holdings in Avantis Emerging Markets Equity ETF by 4.1% during the 4th quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock worth $337,000 after purchasing an additional 224 shares during the last quarter. Silvia Mccoll Wealth Management LLC raised its holdings in Avantis Emerging Markets Equity ETF by 7.7% during the 4th quarter. Silvia Mccoll Wealth Management LLC now owns 24,272 shares of the company’s stock worth $1,427,000 after purchasing an additional 1,740 shares during the last quarter. Finally, Magnolia Private Wealth LLC bought a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter worth about $1,469,000.

Avantis Emerging Markets Equity ETF Trading Up 0.6 %

Shares of NYSEARCA:AVEM opened at $61.19 on Friday. The stock has a market capitalization of $7.66 billion, a P/E ratio of 11.90 and a beta of 0.78. Avantis Emerging Markets Equity ETF has a 1-year low of $55.65 and a 1-year high of $66.31. The business has a 50-day moving average price of $59.67 and a two-hundred day moving average price of $61.23.

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.