Compass Ion Advisors LLC Acquires Shares of 4,662 Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Compass Ion Advisors LLC acquired a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,662 shares of the company’s stock, valued at approximately $274,000.

Several other institutional investors have also recently made changes to their positions in the business. Savant Capital LLC grew its position in Avantis Emerging Markets Equity ETF by 7.6% during the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after purchasing an additional 1,172,561 shares during the period. Strategic Financial Concepts LLC raised its position in Avantis Emerging Markets Equity ETF by 7,223.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after acquiring an additional 2,854,681 shares in the last quarter. Cerity Partners LLC raised its position in Avantis Emerging Markets Equity ETF by 31.1% during the third quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after acquiring an additional 506,778 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 4.9% in the fourth quarter. HighTower Advisors LLC now owns 1,846,124 shares of the company’s stock valued at $108,534,000 after acquiring an additional 86,792 shares during the period. Finally, Jane Street Group LLC boosted its position 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 in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $62.40 on Thursday. The firm’s 50 day simple moving average is $60.02 and its 200-day simple moving average is $61.21. Avantis Emerging Markets Equity ETF has a 12 month low of $55.65 and a 12 month high of $66.31. The stock has a market capitalization of $7.91 billion, a price-to-earnings ratio of 12.48 and a beta of 0.79.

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.