Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Keb Asset Management LLC

Keb Asset Management LLC grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 61.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,699 shares of the company’s stock after purchasing an additional 10,569 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 0.5% of Keb Asset Management LLC’s holdings, making the stock its 25th biggest holding. Keb Asset Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,898,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. POM Investment Strategies LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $26,000. AdvisorNet Financial Inc raised its stake in shares of Avantis Emerging Markets Equity ETF by 213.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after purchasing an additional 335 shares in the last quarter. South Plains Financial Inc. acquired a new stake in Avantis Emerging Markets Equity ETF during the first quarter worth about $41,000. Clarity Asset Management Inc. raised its stake in Avantis Emerging Markets Equity ETF by 31.5% during the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after acquiring an additional 180 shares during the period. Finally, JFS Wealth Advisors LLC raised its stake in Avantis Emerging Markets Equity ETF by 543.8% during the first quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock worth $50,000 after acquiring an additional 696 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.3%

AVEM opened at $76.11 on Friday. The firm has a market cap of $13.65 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $76.37. The company’s 50-day moving average price is $72.37 and its 200 day moving average price is $66.88.

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.