Private Advisor Group LLC Has $11.51 Million Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Private Advisor Group LLC decreased its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 195,820 shares of the company’s stock after selling 5,488 shares during the period. Private Advisor Group LLC owned 0.22% of Avantis Emerging Markets Equity ETF worth $11,512,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of AVEM. Flagstar Advisors Inc. grew its stake in Avantis Emerging Markets Equity ETF by 2.2% in the fourth quarter. Flagstar Advisors Inc. now owns 8,247 shares of the company’s stock valued at $485,000 after purchasing an additional 175 shares in the last quarter. Evanson Asset Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 2.2% in the 4th quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock valued at $516,000 after buying an additional 187 shares during the last quarter. Orion Capital Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 2.1% in the third quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock valued at $646,000 after buying an additional 204 shares in the last quarter. Truist Financial Corp increased its holdings in Avantis Emerging Markets Equity ETF by 4.1% during the fourth quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock worth $337,000 after buying an additional 224 shares during the last quarter. Finally, Good Life Advisors LLC increased its holdings in Avantis Emerging Markets Equity ETF by 0.9% during the fourth quarter. Good Life Advisors LLC now owns 25,706 shares of the company’s stock worth $1,511,000 after buying an additional 239 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $61.95 on Friday. The company has a fifty day moving average price of $59.54 and a two-hundred day moving average price of $61.18. Avantis Emerging Markets Equity ETF has a one year low of $55.65 and a one year high of $66.31. The stock has a market cap of $5.54 billion, a P/E ratio of 9.91 and a beta of 0.88.

About Avantis Emerging Markets Equity ETF

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.