Grove Bank & Trust Acquires 2,599 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Grove Bank & Trust boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.0% during the fourth quarter, Holdings Channel reports. The fund owned 31,529 shares of the company’s stock after purchasing an additional 2,599 shares during the period. Grove Bank & Trust’s holdings in Avantis Emerging Markets Equity ETF were worth $1,854,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in AVEM. Brady Martz Wealth Solutions LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at $1,234,000. Ameritas Advisory Services LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 78.1% during the 4th quarter. Ameritas Advisory Services LLC now owns 12,952 shares of the company’s stock worth $761,000 after buying an additional 5,680 shares during the period. HB Wealth Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 1.8% during the 4th quarter. HB Wealth Management LLC now owns 20,977 shares of the company’s stock worth $1,233,000 after buying an additional 376 shares during the period. CGN Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 6.7% in the 4th quarter. CGN Advisors LLC now owns 213,782 shares of the company’s stock valued at $12,568,000 after acquiring an additional 13,483 shares during the period. Finally, Sax Wealth Advisors LLC bought a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $1,047,000.

Avantis Emerging Markets Equity ETF Stock Up 0.7 %

Shares of NYSEARCA:AVEM opened at $58.82 on Friday. Avantis Emerging Markets Equity ETF has a 12-month low of $53.21 and a 12-month high of $66.31. The business has a 50 day moving average of $60.18 and a 200-day moving average of $61.43. The stock has a market cap of $5.26 billion, a PE ratio of 9.91 and a beta of 0.88.

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.