Activest Wealth Management Raises Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Activest Wealth Management increased its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 21.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,670 shares of the company’s stock after buying an additional 2,255 shares during the period. Activest Wealth Management’s holdings in Avantis Emerging Markets Equity ETF were worth $745,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC increased its position in Avantis Emerging Markets Equity ETF by 7,223.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after purchasing an additional 2,854,681 shares during the period. Annex Advisory Services LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 13.8% during the third quarter. Annex Advisory Services LLC now owns 2,539,099 shares of the company’s stock valued at $164,026,000 after purchasing an additional 307,011 shares in the last quarter. Haverford Trust Co increased its holdings in Avantis Emerging Markets Equity ETF by 0.6% during the third quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock valued at $145,262,000 after buying an additional 13,301 shares during the period. Cerity Partners LLC raised its stake in Avantis Emerging Markets Equity ETF by 31.1% in the third quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock worth $137,885,000 after buying an additional 506,778 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 0.3% during the third quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock worth $113,638,000 after buying an additional 4,738 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.4 %

Shares of NYSEARCA AVEM opened at $59.75 on Monday. Avantis Emerging Markets Equity ETF has a 12-month low of $55.00 and a 12-month high of $66.31. The stock’s fifty day simple moving average is $59.71 and its two-hundred day simple moving average is $61.13. The stock has a market capitalization of $5.35 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.