IAG Wealth Partners LLC Boosts Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

IAG Wealth Partners LLC grew its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 71,722 shares of the company’s stock after purchasing an additional 7,827 shares during the quarter. IAG Wealth Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in AVEM. Strategic Financial Concepts LLC lifted its position in shares of 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 buying an additional 2,854,681 shares during the last quarter. Savant Capital LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 7.6% during the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after buying an additional 1,172,561 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 380.2% during the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after buying an additional 1,125,300 shares during the last quarter. MML Investors Services LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 270.3% during the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock valued at $60,803,000 after buying an additional 687,056 shares during the last quarter. Finally, Merit Financial Group LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 486.2% during the 4th quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock valued at $41,948,000 after buying an additional 591,800 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $60.51 on Thursday. Avantis Emerging Markets Equity ETF has a one year low of $55.65 and a one year high of $66.31. The business’s fifty day moving average price is $59.75 and its 200-day moving average price is $61.20. The stock has a market capitalization of $7.58 billion, a PE ratio of 11.90 and a beta of 0.78.

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.