Avantis Emerging Markets Equity ETF $AVEM Stake Lifted by SJS Investment Consulting Inc.

SJS Investment Consulting Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175,969 shares of the company’s stock after purchasing an additional 13,893 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 1.7% of SJS Investment Consulting Inc.’s investment portfolio, making the stock its 10th biggest position. SJS Investment Consulting Inc. owned 0.07% of Avantis Emerging Markets Equity ETF worth $14,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. AQR Capital Management LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 13.2% in the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after acquiring an additional 2,596 shares during the period. M&T Bank Corp acquired a new stake in Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $287,000. Diversify Advisory Services LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the second quarter valued at approximately $478,000. Diversify Wealth Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 20.3% during the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after purchasing an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP lifted its position in shares of Avantis Emerging Markets Equity ETF by 74.1% during the second quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock worth $1,010,000 after purchasing an additional 6,271 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.7%

Shares of AVEM stock opened at $95.10 on Tuesday. The company has a market capitalization of $24.80 billion, a PE ratio of 12.66 and a beta of 0.73. The firm has a fifty day simple moving average of $94.00 and a 200-day simple moving average of $86.25. Avantis Emerging Markets Equity ETF has a twelve month low of $68.03 and a twelve month high of $100.83.

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