Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) is Financial Symmetry Inc’s 10th Largest Position

Financial Symmetry Inc boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 16.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 64,847 shares of the company’s stock after acquiring an additional 9,200 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 2.6% of Financial Symmetry Inc’s portfolio, making the stock its 10th biggest holding. Financial Symmetry Inc owned 0.07% of Avantis Emerging Markets Equity ETF worth $3,810,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AVEM. Flagstar Advisors Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 2.2% during 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 during the period. Evanson Asset Management LLC grew its holdings in Avantis Emerging Markets Equity ETF by 2.2% during the fourth quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock valued at $516,000 after purchasing an additional 187 shares during the period. Orion Capital Management LLC grew its holdings in Avantis Emerging Markets Equity ETF by 2.1% during the third quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock valued at $646,000 after purchasing an additional 204 shares during the period. Truist Financial Corp grew 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 valued at $337,000 after purchasing an additional 224 shares during the period. Finally, Good Life Advisors LLC grew 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 valued at $1,511,000 after purchasing an additional 239 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVEM opened at $60.89 on Wednesday. The stock has a 50-day simple moving average of $59.54 and a two-hundred day simple moving average of $61.28. Avantis Emerging Markets Equity ETF has a 52-week low of $55.65 and a 52-week high of $66.31. The firm has a market capitalization of $5.45 billion, a PE 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.