First Hawaiian Bank Takes Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

First Hawaiian Bank purchased a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,810 shares of the company’s stock, valued at approximately $800,000.

A number of other large investors also recently modified their holdings of the company. Tillman Hartley LLC increased its stake in Avantis Emerging Markets Equity ETF by 1.6% in the 4th quarter. Tillman Hartley LLC now owns 13,549 shares of the company’s stock worth $764,000 after acquiring an additional 213 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 1.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 15,890 shares of the company’s stock worth $896,000 after purchasing an additional 228 shares during the last quarter. Sterneck Capital Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 3.1% in the third quarter. Sterneck Capital Management LLC now owns 8,006 shares of the company’s stock valued at $423,000 after purchasing an additional 240 shares in the last quarter. Altus Wealth Group LLC lifted its position in Avantis Emerging Markets Equity ETF by 2.3% during the fourth quarter. Altus Wealth Group LLC now owns 11,024 shares of the company’s stock valued at $622,000 after purchasing an additional 253 shares during the last quarter. Finally, Capital Performance Advisors LLP grew its stake in Avantis Emerging Markets Equity ETF by 2.3% in the 4th quarter. Capital Performance Advisors LLP now owns 11,677 shares of the company’s stock worth $658,000 after buying an additional 265 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $61.94 on Friday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $50.65 and a fifty-two week high of $62.55. The stock has a market cap of $5.54 billion, a P/E ratio of 9.91 and a beta of 0.88. The firm’s fifty day moving average price is $60.12 and its 200-day moving average price is $57.61.

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.