WorthPointe LLC Has $3.65 Million Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

WorthPointe LLC increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 62,062 shares of the company’s stock after purchasing an additional 3,727 shares during the period. Avantis Emerging Markets Equity ETF makes up about 1.5% of WorthPointe LLC’s investment portfolio, making the stock its 10th largest position. WorthPointe LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,649,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in AVEM. Natixis Advisors LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 12.6% during the third quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock valued at $1,217,000 after purchasing an additional 2,107 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $884,000. PNC Financial Services Group Inc. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 525.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 71,034 shares of the company’s stock valued at $4,589,000 after acquiring an additional 59,669 shares during the last quarter. Bank of Montreal Can grew its stake in shares of Avantis Emerging Markets Equity ETF by 26,155,500.0% in the third quarter. Bank of Montreal Can now owns 523,112 shares of the company’s stock worth $34,264,000 after acquiring an additional 523,110 shares during the period. Finally, FMR LLC raised its holdings 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 valued at $130,000 after purchasing an additional 1,393 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.5 %

Shares of Avantis Emerging Markets Equity ETF stock opened at $61.96 on Tuesday. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31. The company has a market cap of $7.86 billion, a price-to-earnings ratio of 12.48 and a beta of 0.79. The company’s 50 day moving average is $60.26 and its 200 day moving average is $61.24.

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.