Atria Investments Inc Has $2.10 Million Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Atria Investments Inc lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,660 shares of the company’s stock after purchasing an additional 1,625 shares during the period. Atria Investments Inc’s holdings in Avantis Emerging Markets Equity ETF were worth $2,096,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after purchasing an additional 1,393 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $144,000. Private Trust Co. NA boosted its stake in Avantis Emerging Markets Equity ETF by 29.4% in the fourth quarter. Private Trust Co. NA now owns 2,265 shares of the company’s stock valued at $133,000 after acquiring an additional 515 shares during the last quarter. Kestra Investment Management LLC bought a new position in Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $159,000. Finally, MBE Wealth Management LLC bought a new position in Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $204,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $61.19 on Monday. Avantis Emerging Markets Equity ETF has a 52-week low of $55.65 and a 52-week high of $66.31. The stock has a market cap of $7.66 billion, a PE ratio of 11.90 and a beta of 0.78. The firm’s 50 day moving average price is $59.67 and its two-hundred day moving average price is $61.23.

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.