Collective Family Office LLC Acquires 7,548 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Collective Family Office LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.1% during the third quarter, HoldingsChannel reports. The fund owned 90,099 shares of the company’s stock after purchasing an additional 7,548 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 1.6% of Collective Family Office LLC’s holdings, making the stock its 19th largest position. Collective Family Office LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,820,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVEM. Savant Capital LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 7.5% in the second quarter. Savant Capital LLC now owns 14,181,306 shares of the company’s stock worth $866,336,000 after purchasing an additional 992,460 shares during the last quarter. Envestnet Asset Management Inc. lifted 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 buying an additional 803,346 shares during the period. Annex Advisory Services LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 16.3% in the 1st quarter. Annex Advisory Services LLC now owns 2,309,443 shares of the company’s stock valued at $133,855,000 after buying an additional 323,204 shares during the last quarter. Haverford Trust Co increased its stake in shares of Avantis Emerging Markets Equity ETF by 1.7% in the first quarter. Haverford Trust Co now owns 2,232,347 shares of the company’s stock valued at $129,387,000 after buying an additional 37,682 shares during the period. Finally, Strategic Financial Concepts LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 7,528.9% during the second quarter. Strategic Financial Concepts LLC now owns 2,157,235 shares of the company’s stock worth $131,785,000 after acquiring an additional 2,128,958 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.9 %

AVEM stock traded up $0.58 during trading on Friday, hitting $65.76. The company had a trading volume of 268,212 shares, compared to its average volume of 374,324. The stock has a market cap of $5.89 billion, a PE ratio of 9.91 and a beta of 0.88. The business has a 50-day moving average of $61.35 and a 200-day moving average of $60.59. Avantis Emerging Markets Equity ETF has a one year low of $50.65 and a one year high of $66.12.

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.