Golden State Wealth Management LLC Buys Shares of 49,618 Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Golden State Wealth Management LLC purchased a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 49,618 shares of the company’s stock, valued at approximately $2,917,000.

A number of other large investors also recently modified their holdings of the business. FMR LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 223.6% in the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after buying an additional 1,393 shares in the last quarter. Raymond James & Associates lifted its holdings in Avantis Emerging Markets Equity ETF by 123.1% in the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock valued at $12,321,000 after acquiring an additional 105,243 shares during the last quarter. Natixis Advisors LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 12.6% during the 3rd quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock valued at $1,217,000 after purchasing an additional 2,107 shares in the last quarter. Silvia Mccoll Wealth Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 7.7% in the 4th quarter. Silvia Mccoll Wealth Management LLC now owns 24,272 shares of the company’s stock worth $1,427,000 after purchasing an additional 1,740 shares during the last quarter. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $3,872,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $59.98 on Friday. The firm has a market cap of $5.37 billion, a PE ratio of 9.91 and a beta of 0.88. 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 50 day simple moving average of $59.75 and a 200 day simple moving average of $61.14.

About Avantis Emerging Markets Equity ETF

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.