AQR Capital Management LLC Takes Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

AQR Capital Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,061 shares of the company’s stock, valued at approximately $309,000.

A number of other large investors have also made changes to their positions in AVEM. PNC Financial Services Group Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 104.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,093 shares of the company’s stock valued at $344,000 after purchasing an additional 3,113 shares in the last quarter. First Hawaiian Bank acquired a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $800,000. Mather Group LLC. acquired a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $89,000. WJ Interests LLC grew its stake in Avantis Emerging Markets Equity ETF by 4.2% in the 1st quarter. WJ Interests LLC now owns 261,746 shares of the company’s stock valued at $15,171,000 after acquiring an additional 10,461 shares during the last quarter. Finally, Park Avenue Securities LLC grew its stake in Avantis Emerging Markets Equity ETF by 7.0% in the 1st quarter. Park Avenue Securities LLC now owns 202,328 shares of the company’s stock valued at $11,727,000 after acquiring an additional 13,221 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 1.2 %

Shares of NYSEARCA AVEM opened at $64.08 on Thursday. The stock has a market cap of $5.74 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52 week low of $50.65 and a 52 week high of $66.31. The company’s 50-day moving average price is $62.22 and its 200 day moving average price is $60.98.

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.