Summit X LLC Boosts Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Summit X LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 25.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,045 shares of the company’s stock after buying an additional 2,680 shares during the quarter. Summit X LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $767,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC boosted its stake in Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after buying an additional 1,393 shares during the period. Truist Financial Corp boosted its stake in Avantis Emerging Markets Equity ETF by 4.1% during the fourth quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock worth $337,000 after buying an additional 224 shares during the period. Natixis Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 12.6% during the third quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock worth $1,217,000 after buying an additional 2,107 shares during the period. Silvia Mccoll Wealth Management LLC boosted its stake in Avantis Emerging Markets Equity ETF by 7.7% during the fourth quarter. Silvia Mccoll Wealth Management LLC now owns 24,272 shares of the company’s stock worth $1,427,000 after buying an additional 1,740 shares during the period. Finally, Magnolia Private Wealth LLC purchased a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth $1,469,000.

Avantis Emerging Markets Equity ETF Stock Up 0.7 %

NYSEARCA AVEM opened at $60.09 on Wednesday. The company has a fifty day moving average of $59.71 and a two-hundred day moving average of $61.21. The firm has a market capitalization of $7.53 billion, a price-to-earnings ratio of 11.90 and a beta of 0.78. Avantis Emerging Markets Equity ETF has a 52 week low of $55.65 and a 52 week high of $66.31.

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.