White Pine Investment CO Buys 15,509 Shares of Avantis Emerging Markets Equity ETF $AVEM

White Pine Investment CO boosted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 21.4% during the third quarter, Holdings Channel.com reports. The firm owned 87,945 shares of the company’s stock after buying an additional 15,509 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 1.6% of White Pine Investment CO’s portfolio, making the stock its 26th largest position. White Pine Investment CO’s holdings in Avantis Emerging Markets Equity ETF were worth $8,269,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AVEM. JFS Wealth Advisors LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 67.3% during the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after purchasing an additional 111 shares during the period. Hardin Capital Partners LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 0.8% in the third quarter. Hardin Capital Partners LLC now owns 15,062 shares of the company’s stock worth $1,416,000 after purchasing an additional 123 shares during the last quarter. Mainsail Asset Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 6.1% in the third quarter. Mainsail Asset Management LLC now owns 3,210 shares of the company’s stock worth $309,000 after purchasing an additional 184 shares during the last quarter. Columbia Advisory Partners LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 0.7% in the third quarter. Columbia Advisory Partners LLC now owns 28,120 shares of the company’s stock worth $2,644,000 after buying an additional 184 shares during the period. Finally, Armbruster Capital Management Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 0.4% in the first quarter. Armbruster Capital Management Inc. now owns 51,015 shares of the company’s stock worth $4,111,000 after buying an additional 195 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.7%

NYSEARCA:AVEM opened at $90.40 on Friday. The company has a fifty day moving average of $94.21 and a 200 day moving average of $92.56. Avantis Emerging Markets Equity ETF has a 52 week low of $73.79 and a 52 week high of $100.83. The firm has a market capitalization of $27.33 billion, a P/E ratio of 12.66 and a beta of 0.75.

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.