Aspiriant LLC Makes New Investment in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Aspiriant LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,083 shares of the company’s stock, valued at approximately $246,000.

Several other hedge funds also recently bought and sold shares of AVEM. Truist Financial Corp raised its holdings in Avantis Emerging Markets Equity ETF by 4.1% in the fourth quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock worth $337,000 after purchasing an additional 224 shares during the period. Kestra Investment Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter worth $159,000. Global Retirement Partners LLC raised its holdings in Avantis Emerging Markets Equity ETF by 462.0% in the fourth quarter. Global Retirement Partners LLC now owns 67,286 shares of the company’s stock worth $3,956,000 after purchasing an additional 55,314 shares during the period. Cannon Financial Strategists Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 3.7% in the fourth quarter. Cannon Financial Strategists Inc. now owns 349,695 shares of the company’s stock worth $20,559,000 after purchasing an additional 12,538 shares during the period. Finally, Werba Rubin Papier Wealth Management raised its holdings in Avantis Emerging Markets Equity ETF by 1.6% in the fourth quarter. Werba Rubin Papier Wealth Management now owns 162,041 shares of the company’s stock worth $9,526,000 after purchasing an additional 2,573 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.0%

Shares of AVEM stock opened at $67.02 on Thursday. The firm has a fifty day moving average of $63.05 and a 200-day moving average of $60.98. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $68.38. The company has a market capitalization of $10.21 billion, a price-to-earnings ratio of 12.64 and a beta of 0.66.

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.