Fmr LLC Acquires 1,393 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Fmr LLC lifted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 223.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,016 shares of the company’s stock after acquiring an additional 1,393 shares during the period. Fmr LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $130,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Sterneck Capital Management LLC grew its position in Avantis Emerging Markets Equity ETF by 17.6% in the third quarter. Sterneck Capital Management LLC now owns 51,648 shares of the company’s stock worth $3,336,000 after acquiring an additional 7,737 shares in the last quarter. Annandale Capital LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 33.8% in the 2nd quarter. Annandale Capital LLC now owns 62,899 shares of the company’s stock worth $3,842,000 after purchasing an additional 15,876 shares during the period. Raymond James & Associates increased its position in shares of Avantis Emerging Markets Equity ETF by 123.1% during the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock valued at $12,321,000 after purchasing an additional 105,243 shares during the last quarter. DBK Financial Counsel LLC raised its holdings in Avantis Emerging Markets Equity ETF by 3.0% during the 3rd quarter. DBK Financial Counsel LLC now owns 10,178 shares of the company’s stock valued at $657,000 after buying an additional 300 shares during the period. Finally, Natixis Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 12.6% during the 3rd quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock valued at $1,217,000 after buying an additional 2,107 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 0.6 %

Shares of NYSEARCA:AVEM opened at $59.34 on Monday. Avantis Emerging Markets Equity ETF has a 12 month low of $52.72 and a 12 month high of $66.31. The company has a market capitalization of $5.31 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The firm’s 50-day moving average is $62.04 and its 200 day moving average is $61.76.

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.