Strategic Blueprint LLC Boosts Stake in Avantis Emerging Markets Equity ETF $AVEM

Strategic Blueprint LLC raised its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,594 shares of the company’s stock after acquiring an additional 3,724 shares during the period. Strategic Blueprint LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,947,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in Avantis Emerging Markets Equity ETF by 0.8% during the first quarter. Envestnet Asset Management Inc. now owns 15,030,769 shares of the company’s stock valued at $904,401,000 after acquiring an additional 115,249 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Avantis Emerging Markets Equity ETF by 15.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock worth $143,887,000 after buying an additional 319,437 shares during the period. Cerity Partners LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 4.6% in the first quarter. Cerity Partners LLC now owns 2,295,240 shares of the company’s stock worth $138,105,000 after buying an additional 100,298 shares during the period. American Century Companies Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 8.6% in the first quarter. American Century Companies Inc. now owns 1,930,233 shares of the company’s stock worth $116,142,000 after buying an additional 152,942 shares during the period. Finally, LPL Financial LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 10.0% in the first quarter. LPL Financial LLC now owns 1,471,607 shares of the company’s stock worth $88,547,000 after buying an additional 133,886 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $76.73 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $77.14. The business has a 50-day moving average of $73.98 and a 200-day moving average of $68.38. The company has a market capitalization of $13.95 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80.

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.