Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by World Investment Advisors

World Investment Advisors increased its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 31.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,136 shares of the company’s stock after purchasing an additional 8,094 shares during the period. World Investment Advisors’ holdings in Avantis Emerging Markets Equity ETF were worth $2,629,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in AVEM. Rothschild Investment LLC grew its stake in Avantis Emerging Markets Equity ETF by 192.7% during the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after buying an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter valued at $36,000. Team Financial Group LLC lifted its stake in Avantis Emerging Markets Equity ETF by 184.2% in the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 49.5% in the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after buying an additional 183 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter valued at $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $99.71 on Friday. The company has a 50-day simple moving average of $92.95 and a 200-day simple moving average of $85.39. The firm has a market capitalization of $26.00 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a one year low of $66.19 and a one year high of $100.00.

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.