Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Purchased by Canvas Wealth Advisors LLC

Canvas Wealth Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,876 shares of the company’s stock after purchasing an additional 3,055 shares during the period. Canvas Wealth Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,050,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Iron Horse Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $28,000. Northwest Investment Counselors LLC acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $37,000. City State Bank acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $45,000. Brown Lisle Cummings Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $82,000. Finally, FMR LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 223.6% during the 3rd 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 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 company has a market cap of $5.35 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The stock’s 50 day simple moving average is $59.71 and its 200 day simple moving average is $61.13.

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.