Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Trellis Wealth Advisors LLC

Trellis Wealth Advisors LLC raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.8% during the second quarter, Holdings Channel.com reports. The firm owned 82,997 shares of the company’s stock after purchasing an additional 1,469 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 2.5% of Trellis Wealth Advisors LLC’s portfolio, making the stock its 11th largest position. Trellis Wealth Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,689,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AVEM. Maseco LLP acquired a new stake in Avantis Emerging Markets Equity ETF in the 2nd quarter valued at about $74,121,000. HB Wealth Management LLC raised its position in Avantis Emerging Markets Equity ETF by 5,090.0% in the 1st quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock valued at $65,507,000 after purchasing an additional 1,067,724 shares in the last quarter. Jones Financial Companies Lllp raised its position in Avantis Emerging Markets Equity ETF by 61.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock valued at $85,854,000 after purchasing an additional 540,962 shares in the last quarter. Financial Counselors Inc. raised its position in Avantis Emerging Markets Equity ETF by 368.1% in the 1st quarter. Financial Counselors Inc. now owns 654,500 shares of the company’s stock valued at $39,381,000 after purchasing an additional 514,673 shares in the last quarter. Finally, Cresset Asset Management LLC raised its position in Avantis Emerging Markets Equity ETF by 123.3% in the 1st quarter. Cresset Asset Management LLC now owns 767,723 shares of the company’s stock valued at $46,194,000 after purchasing an additional 423,990 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $76.11 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $76.37. The firm has a market capitalization of $13.65 billion, a P/E ratio of 12.66 and a beta of 0.80. The business’s 50-day moving average is $72.37 and its two-hundred day moving average is $66.88.

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.