Farther Finance Advisors LLC Boosts Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Farther Finance Advisors LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 17.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,777 shares of the company’s stock after purchasing an additional 12,304 shares during the period. Farther Finance Advisors LLC owned about 0.09% of Avantis Emerging Markets Equity ETF worth $4,808,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in AVEM. Parkworth Wealth Management Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $3,127,000. EverSource Wealth Advisors LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 16.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,867 shares of the company’s stock worth $404,000 after acquiring an additional 958 shares in the last quarter. Summit X LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 25.9% in the fourth quarter. Summit X LLC now owns 13,045 shares of the company’s stock valued at $767,000 after purchasing an additional 2,680 shares during the last quarter. HighTower Advisors LLC increased its holdings in Avantis Emerging Markets Equity ETF by 4.9% during the 4th quarter. HighTower Advisors LLC now owns 1,846,124 shares of the company’s stock worth $108,534,000 after purchasing an additional 86,792 shares during the last quarter. Finally, Avantax Planning Partners Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 15.9% during the 4th quarter. Avantax Planning Partners Inc. now owns 453,876 shares of the company’s stock worth $26,683,000 after purchasing an additional 62,320 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.7 %

Avantis Emerging Markets Equity ETF stock opened at $60.09 on Wednesday. Avantis Emerging Markets Equity ETF has a 52 week low of $55.65 and a 52 week high of $66.31. The stock has a market cap of $7.53 billion, a P/E ratio of 11.90 and a beta of 0.78. The stock has a 50 day moving average of $59.71 and a 200-day moving average of $61.21.

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.