Aurelius Family Office LLC Invests $2.18 Million in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Aurelius Family Office LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 37,022 shares of the company’s stock, valued at approximately $2,177,000. Avantis Emerging Markets Equity ETF makes up 1.1% of Aurelius Family Office LLC’s investment portfolio, making the stock its 19th largest holding.

Other hedge funds have also bought and sold shares of the company. Iron Horse Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $28,000. Northwest Investment Counselors LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $37,000. City State Bank purchased a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $45,000. Brown Lisle Cummings Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $82,000. Finally, FMR LLC grew 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 in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $59.75 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $55.00 and a 1-year high of $66.31. The business has a 50 day simple moving average of $59.73 and a two-hundred day simple moving average of $61.13. The company has a market capitalization of $5.35 billion, a price-to-earnings 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.