Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Bought by Destiny Wealth Partners LLC

Destiny Wealth Partners LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 161,940 shares of the company’s stock after buying an additional 3,384 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 1.6% of Destiny Wealth Partners LLC’s portfolio, making the stock its 21st biggest position. Destiny Wealth Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $9,520,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Evanson Asset Management LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 2.2% in the 4th quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock worth $516,000 after buying an additional 187 shares during the last quarter. Orion Capital Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 2.1% in the third quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock worth $646,000 after acquiring an additional 204 shares during the last quarter. Atlas Brown Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 7.0% in the fourth quarter. Atlas Brown Inc. now owns 3,857 shares of the company’s stock valued at $227,000 after acquiring an additional 254 shares during the period. Apollon Financial LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 1.2% during the third quarter. Apollon Financial LLC now owns 23,560 shares of the company’s stock valued at $1,522,000 after purchasing an additional 284 shares during the last quarter. Finally, PCG Wealth Advisors LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 2.4% during the 4th quarter. PCG Wealth Advisors LLC now owns 11,985 shares of the company’s stock worth $705,000 after purchasing an additional 285 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $59.21 on Friday. The stock has a fifty day moving average price of $59.85 and a 200 day moving average price of $61.20. The company has a market cap of $5.30 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12 month low of $54.33 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.