Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 27.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,083 shares of the company’s stock after buying an additional 4,988 shares during the period. Kestra Private Wealth Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,357,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 7,223.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after buying an additional 2,854,681 shares during the period. Jane Street Group LLC boosted its stake in Avantis Emerging Markets Equity ETF by 380.2% in the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock worth $91,816,000 after purchasing an additional 1,125,300 shares during the period. MML Investors Services LLC boosted its stake in Avantis Emerging Markets Equity ETF by 270.3% in the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after purchasing an additional 687,056 shares during the period. Merit Financial Group LLC grew its position in Avantis Emerging Markets Equity ETF by 486.2% during the 4th quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock worth $41,948,000 after purchasing an additional 591,800 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in Avantis Emerging Markets Equity ETF by 26,155,500.0% during the 3rd quarter. Bank of Montreal Can now owns 523,112 shares of the company’s stock valued at $34,264,000 after purchasing an additional 523,110 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.4 %

AVEM opened at $60.49 on Thursday. Avantis Emerging Markets Equity ETF has a 12-month low of $55.00 and a 12-month high of $66.31. The firm has a market capitalization of $5.41 billion, a P/E ratio of 9.91 and a beta of 0.88. The stock has a fifty day moving average of $59.66 and a 200-day moving average of $61.14.

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.