Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Purchased by WMG Financial Advisors LLC

WMG Financial Advisors LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 103,293 shares of the company’s stock after purchasing an additional 5,579 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 2.6% of WMG Financial Advisors LLC’s holdings, making the stock its 7th largest position. WMG Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $6,073,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of AVEM. First Trust Direct Indexing L.P. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at $331,000. Gladstone Institutional Advisory LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at $205,000. Angeles Wealth Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 1,479.2% in the third quarter. Angeles Wealth Management LLC now owns 3,648 shares of the company’s stock valued at $236,000 after buying an additional 3,417 shares in the last quarter. Forum Financial Management LP increased its stake in shares of Avantis Emerging Markets Equity ETF by 25.7% in the third quarter. Forum Financial Management LP now owns 17,098 shares of the company’s stock valued at $1,105,000 after buying an additional 3,493 shares in the last quarter. Finally, Highland Financial Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 1.2% in the third quarter. Highland Financial Advisors LLC now owns 94,442 shares of the company’s stock valued at $6,101,000 after buying an additional 1,088 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:AVEM opened at $58.70 on Tuesday. The business has a fifty day moving average of $59.59 and a 200-day moving average of $61.26. The firm has a market cap of $7.35 billion, a PE ratio of 11.90 and a beta of 0.78. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31.

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.