Kennebec Savings Bank Takes Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Kennebec Savings Bank purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 2,452 shares of the company’s stock, valued at approximately $148,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Minot DeBlois Advisors LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $26,000. Tucker Asset Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $33,000. Webster Bank N. A. bought a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $46,000. Signaturefd LLC bought a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $66,000. Finally, O Shaughnessy Asset Management LLC lifted its position in Avantis Emerging Markets Equity ETF by 30.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,254 shares of the company’s stock valued at $74,000 after purchasing an additional 291 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.6%

Shares of NYSEARCA:AVEM opened at $66.57 on Friday. The company has a market cap of $10.15 billion, a PE ratio of 12.64 and a beta of 0.66. The company’s 50-day moving average price is $61.25 and its 200 day moving average price is $60.62. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $66.59.

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.