Kings Path Partners LLC Boosts Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Kings Path Partners LLC grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,286 shares of the company’s stock after purchasing an additional 5,470 shares during the period. Avantis Emerging Markets Equity ETF makes up about 1.4% of Kings Path Partners LLC’s holdings, making the stock its 15th biggest position. Kings Path Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,309,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of AVEM. Strategic Financial Concepts LLC raised its holdings in Avantis Emerging Markets Equity ETF by 7,528.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,157,235 shares of the company’s stock worth $131,785,000 after purchasing an additional 2,128,958 shares during the period. Jane Street Group LLC increased its holdings in Avantis Emerging Markets Equity ETF by 380.2% in the third quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after buying an additional 1,125,300 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Avantis Emerging Markets Equity ETF by 10.9% during the second quarter. Envestnet Asset Management Inc. now owns 8,162,990 shares of the company’s stock worth $498,677,000 after acquiring an additional 803,346 shares during the last quarter. MML Investors Services LLC increased its position in Avantis Emerging Markets Equity ETF by 270.3% in the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock valued at $60,803,000 after acquiring an additional 687,056 shares during the period. Finally, Bank of Montreal Can raised its stake in shares of Avantis Emerging Markets Equity ETF by 26,155,500.0% during the 3rd quarter. Bank of Montreal Can now owns 523,112 shares of the company’s stock worth $34,264,000 after buying an additional 523,110 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM traded up $0.26 during mid-day trading on Monday, hitting $59.45. The company had a trading volume of 246,363 shares, compared to its average volume of 365,799. The firm’s 50 day simple moving average is $61.12 and its two-hundred day simple moving average is $61.63. The stock has a market cap of $5.32 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12 month low of $52.72 and a 12 month high of $66.31.

About Avantis Emerging Markets Equity ETF

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.