Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) is JRM Investment Counsel LLC’s 6th Largest Position

JRM Investment Counsel LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 270,496 shares of the company’s stock after acquiring an additional 16,223 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 5.6% of JRM Investment Counsel LLC’s investment portfolio, making the stock its 6th biggest holding. JRM Investment Counsel LLC owned approximately 0.30% of Avantis Emerging Markets Equity ETF worth $15,902,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of AVEM. Tucker Asset Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth about $33,000. Signaturefd LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $66,000. O Shaughnessy Asset Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 30.2% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,254 shares of the company’s stock valued at $74,000 after acquiring an additional 291 shares during the last quarter. Operose Advisors LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 758.1% in the fourth quarter. Operose Advisors LLC now owns 1,330 shares of the company’s stock valued at $78,000 after acquiring an additional 1,175 shares in the last quarter. Finally, Nemes Rush Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 109.3% in the fourth quarter. Nemes Rush Group LLC now owns 2,225 shares of the company’s stock worth $131,000 after acquiring an additional 1,162 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $62.22 on Friday. The stock has a 50 day moving average price of $59.78 and a 200 day moving average price of $60.26. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $66.31. The stock has a market capitalization of $8.31 billion, a price-to-earnings ratio of 11.74 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.