IFP Advisors Inc Increases Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

IFP Advisors Inc lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 24.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,264 shares of the company’s stock after buying an additional 9,137 shares during the period. IFP Advisors Inc owned about 0.05% of Avantis Emerging Markets Equity ETF worth $2,779,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Savant Capital LLC raised its holdings 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 in the last quarter. Strategic Financial Concepts LLC raised its holdings 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 in the last quarter. Haverford Trust Co raised its holdings in shares of 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 valued at $145,262,000 after buying an additional 13,301 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 31.1% during the 3rd quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after buying an additional 506,778 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 0.3% during 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 in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $60.89 on Wednesday. The stock’s 50 day simple moving average is $59.54 and its 200 day simple moving average is $61.28. Avantis Emerging Markets Equity ETF has a 1 year low of $55.65 and a 1 year high of $66.31. The firm has a market cap of $5.45 billion, a price-to-earnings 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.