WealthPlan Investment Management LLC Has $6.51 Million Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

WealthPlan Investment Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,669 shares of the company’s stock after acquiring an additional 9,067 shares during the period. WealthPlan Investment Management LLC owned 0.12% of Avantis Emerging Markets Equity ETF worth $6,506,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVEM. Savant Capital LLC lifted its position in Avantis Emerging Markets Equity ETF by 7.6% in the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after purchasing an additional 1,172,561 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 7,223.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after purchasing an additional 2,854,681 shares in the last quarter. Haverford Trust Co increased its stake in Avantis Emerging Markets Equity ETF by 0.6% during the 3rd quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock worth $145,262,000 after purchasing an additional 13,301 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of 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 valued at $137,885,000 after purchasing an additional 506,778 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in Avantis Emerging Markets Equity ETF by 0.3% in the 3rd quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock valued at $113,638,000 after buying an additional 4,738 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.5 %

NYSEARCA:AVEM opened at $61.16 on Friday. Avantis Emerging Markets Equity ETF has a 12-month low of $55.65 and a 12-month high of $66.31. The stock’s 50 day moving average price is $59.62 and its two-hundred day moving average price is $61.13. The firm has a market capitalization of $5.47 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

Avantis Emerging Markets Equity ETF 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.