Dynamic Advisor Solutions LLC Buys 13,667 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Dynamic Advisor Solutions LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 208,090 shares of the company’s stock after purchasing an additional 13,667 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $12,234,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Iron Horse Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $28,000. Northwest Investment Counselors LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $37,000. City State Bank purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at $45,000. Brown Lisle Cummings Inc. bought a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $82,000. Finally, Nemes Rush Group LLC boosted its position in Avantis Emerging Markets Equity ETF by 68.1% in the second quarter. Nemes Rush Group LLC now owns 1,787 shares of the company’s stock worth $109,000 after purchasing an additional 724 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.3 %

Avantis Emerging Markets Equity ETF stock opened at $59.84 on Friday. The business has a 50-day simple moving average of $60.04 and a two-hundred day simple moving average of $61.33. Avantis Emerging Markets Equity ETF has a 52-week low of $54.33 and a 52-week high of $66.31. The company has a market cap of $5.36 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.