BWM Planning LLC Purchases 3,869 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

BWM Planning LLC increased its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,524 shares of the company’s stock after purchasing an additional 3,869 shares during the period. Avantis Emerging Markets Equity ETF makes up 1.1% of BWM Planning LLC’s holdings, making the stock its 25th largest position. BWM Planning LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,441,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AVEM. Iron Horse Wealth Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth about $28,000. Northwest Investment Counselors LLC bought a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $37,000. City State Bank bought a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $45,000. Brown Lisle Cummings Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $82,000. Finally, FMR LLC increased 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 worth $130,000 after purchasing an additional 1,393 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 0.6 %

Shares of AVEM opened at $58.95 on Wednesday. Avantis Emerging Markets Equity ETF has a 12 month low of $54.33 and a 12 month high of $66.31. The firm’s 50 day moving average is $59.95 and its 200-day moving average is $61.25. The stock has a market capitalization of $5.28 billion, a PE ratio of 9.91 and a beta of 0.88.

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.