Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by Evanson Asset Management LLC

Evanson Asset Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,774 shares of the company’s stock after buying an additional 187 shares during the period. Evanson Asset Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $516,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AVEM. Iron Horse Wealth Management LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $28,000. Northwest Investment Counselors LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth approximately $37,000. City State Bank acquired a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth approximately $45,000. Brown Lisle Cummings Inc. bought a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $82,000. Finally, Nemes Rush Group LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 68.1% during the 2nd quarter. Nemes Rush Group LLC now owns 1,787 shares of the company’s stock valued at $109,000 after purchasing an additional 724 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $58.82 on Monday. The stock’s fifty day moving average is $60.18 and its 200-day moving average is $61.43. Avantis Emerging Markets Equity ETF has a one year low of $53.21 and a one year high of $66.31. The company has a market capitalization of $5.26 billion, a PE ratio of 9.91 and a beta of 0.88.

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.