World Investment Advisors Purchases 8,094 Shares of Avantis Emerging Markets Equity ETF $AVEM

World Investment Advisors boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 31.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,136 shares of the company’s stock after acquiring an additional 8,094 shares during the period. World Investment Advisors’ holdings in Avantis Emerging Markets Equity ETF were worth $2,542,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Continuum Wealth Advisors LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $310,000. Brio Consultants LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $516,000. D Orazio & Associates Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 1.0% during the fourth quarter. D Orazio & Associates Inc. now owns 84,926 shares of the company’s stock valued at $6,541,000 after purchasing an additional 819 shares during the period. Midwest Trust Co increased its position in shares of Avantis Emerging Markets Equity ETF by 3.2% during the fourth quarter. Midwest Trust Co now owns 773,460 shares of the company’s stock valued at $59,572,000 after purchasing an additional 24,007 shares during the period. Finally, Apeiron RIA LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 8.0% during the fourth quarter. Apeiron RIA LLC now owns 58,169 shares of the company’s stock valued at $4,851,000 after purchasing an additional 4,313 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 3.3%

AVEM opened at $91.88 on Friday. The stock has a market cap of $23.96 billion, a PE ratio of 12.66 and a beta of 0.72. Avantis Emerging Markets Equity ETF has a 1 year low of $63.91 and a 1 year high of $96.07. The stock’s 50 day simple moving average is $85.87 and its 200-day simple moving average is $82.16.

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