Motco grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 21.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 19,295 shares of the company’s stock after acquiring an additional 3,404 shares during the quarter. Motco’s holdings in Avantis Emerging Markets Equity ETF were worth $1,335,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada increased its position in Avantis Emerging Markets Equity ETF by 7.8% during the first quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock worth $17,485,000 after buying an additional 20,996 shares in the last quarter. Stone Summit Wealth LLC increased its position in Avantis Emerging Markets Equity ETF by 2.8% during the second quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock worth $2,356,000 after buying an additional 935 shares in the last quarter. Brown Advisory Inc. purchased a new position in Avantis Emerging Markets Equity ETF during the first quarter worth $426,000. Janney Montgomery Scott LLC increased its position in Avantis Emerging Markets Equity ETF by 27.3% during the second quarter. Janney Montgomery Scott LLC now owns 29,823 shares of the company’s stock worth $2,044,000 after buying an additional 6,387 shares in the last quarter. Finally, XY Planning Network Inc. increased its position in Avantis Emerging Markets Equity ETF by 89.7% during the second quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock worth $531,000 after buying an additional 3,663 shares in the last quarter.
Avantis Emerging Markets Equity ETF Stock Performance
Avantis Emerging Markets Equity ETF stock opened at $78.00 on Wednesday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $78.08. The stock has a fifty day moving average of $74.36 and a two-hundred day moving average of $69.05. The company has a market capitalization of $14.38 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68.
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.
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Want to see what other hedge funds are holding AVEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report).
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