Objectivity Squared LLC Grows Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Objectivity Squared LLC lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,897 shares of the company’s stock after acquiring an additional 2,256 shares during the period. Avantis Emerging Markets Equity ETF makes up about 2.9% of Objectivity Squared LLC’s holdings, making the stock its 11th largest holding. Objectivity Squared LLC owned 0.07% of Avantis Emerging Markets Equity ETF worth $4,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Strategic Financial Concepts LLC boosted its stake in Avantis Emerging Markets Equity ETF by 7,528.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,157,235 shares of the company’s stock worth $131,785,000 after purchasing an additional 2,128,958 shares during the period. Savant Capital LLC grew its stake in Avantis Emerging Markets Equity ETF by 7.5% during the second quarter. Savant Capital LLC now owns 14,181,306 shares of the company’s stock valued at $866,336,000 after acquiring an additional 992,460 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 10.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,162,990 shares of the company’s stock worth $498,677,000 after acquiring an additional 803,346 shares during the period. Jane Street Group LLC lifted its stake in Avantis Emerging Markets Equity ETF by 90.9% in the 1st quarter. Jane Street Group LLC now owns 908,457 shares of the company’s stock worth $52,654,000 after purchasing an additional 432,514 shares in the last quarter. Finally, Arlington Financial Advisors LLC bought a new position in Avantis Emerging Markets Equity ETF in the 1st quarter valued at $23,424,000.

Avantis Emerging Markets Equity ETF Stock Down 0.9 %

Shares of AVEM stock traded down $0.59 on Wednesday, reaching $64.05. The company’s stock had a trading volume of 72,431 shares, compared to its average volume of 372,109. The company has a market capitalization of $5.73 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12-month low of $50.65 and a 12-month high of $66.31. The stock’s 50 day simple moving average is $61.56 and its 200-day simple moving average is $60.73.

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.