World Investment Advisors Acquires 2,158 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

World Investment Advisors grew its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 24.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,911 shares of the company’s stock after purchasing an additional 2,158 shares during the quarter. World Investment Advisors’ holdings in Avantis Emerging Markets Equity ETF were worth $641,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nicolet Advisory Services LLC bought a new position in Avantis Emerging Markets Equity ETF during the fourth quarter valued at about $25,012,000. Grand Wealth Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 17.0% in the 4th quarter. Grand Wealth Management LLC now owns 159,384 shares of the company’s stock valued at $9,370,000 after acquiring an additional 23,208 shares in the last quarter. Nemes Rush Group LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 109.3% in the 4th quarter. Nemes Rush Group LLC now owns 2,225 shares of the company’s stock valued at $131,000 after acquiring an additional 1,162 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 30.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,254 shares of the company’s stock worth $74,000 after purchasing an additional 291 shares during the last quarter. Finally, ARK & TLK Investments LLC boosted its position in Avantis Emerging Markets Equity ETF by 9.6% during the fourth quarter. ARK & TLK Investments LLC now owns 10,170 shares of the company’s stock worth $598,000 after purchasing an additional 893 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 5.7 %

NYSEARCA:AVEM opened at $56.10 on Monday. The company’s 50 day moving average is $60.48 and its 200-day moving average is $61.24. Avantis Emerging Markets Equity ETF has a 12 month low of $55.59 and a 12 month high of $66.31. The firm has a market cap of $7.24 billion, a price-to-earnings ratio of 12.56 and a beta of 0.67.

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.