Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Get Rating) by 69.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 128,338 shares of the company’s stock after acquiring an additional 52,494 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $5,895,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Pure Financial Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 3.0% in the third quarter. Pure Financial Advisors LLC now owns 1,369,303 shares of the company’s stock worth $62,892,000 after acquiring an additional 40,430 shares during the period. Annex Advisory Services LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 26.1% in the third quarter. Annex Advisory Services LLC now owns 875,269 shares of the company’s stock worth $40,201,000 after acquiring an additional 180,897 shares during the period. Foster & Motley Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 3.0% in the third quarter. Foster & Motley Inc. now owns 623,850 shares of the company’s stock worth $28,653,000 after acquiring an additional 18,288 shares during the period. Symmetry Partners LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 3.0% in the third quarter. Symmetry Partners LLC now owns 566,258 shares of the company’s stock worth $26,008,000 after acquiring an additional 16,500 shares during the period. Finally, Larson Financial Group LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 41.4% in the third quarter. Larson Financial Group LLC now owns 559,312 shares of the company’s stock worth $25,689,000 after acquiring an additional 163,816 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $52.77 on Friday. The company’s fifty day moving average price is $53.33 and its 200 day moving average price is $50.78. Avantis Emerging Markets Equity ETF has a 1 year low of $44.37 and a 1 year high of $61.34. The company has a market capitalization of $2.70 billion, a PE ratio of 7.73 and a beta of 0.78.

Avantis Emerging Markets Equity ETF Company Profile

(Get Rating)

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.