Avantis Emerging Markets Equity ETF $AVEM Position Boosted by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 188.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,920 shares of the company’s stock after acquiring an additional 79,000 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 1.0% of Pacific Life Fund Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Pacific Life Fund Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $9,313,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. American Capital Advisory LLC purchased a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $30,000. Team Financial Group LLC grew its stake in Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after acquiring an additional 361 shares in the last quarter. Tripletail Wealth Management LLC purchased a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $49,000. Spire Wealth Management grew its stake in Avantis Emerging Markets Equity ETF by 324.9% during the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after acquiring an additional 575 shares in the last quarter. Finally, Mather Group LLC. purchased a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $89.91 on Friday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $57.63 and a fifty-two week high of $90.69. The stock’s 50-day moving average is $84.12 and its two-hundred day moving average is $80.15. The stock has a market cap of $22.91 billion, a PE ratio of 12.66 and a beta of 0.67.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.