Aire Advisors LLC Acquires 9,008 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Aire Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 178,616 shares of the company’s stock after purchasing an additional 9,008 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 2.2% of Aire Advisors LLC’s investment portfolio, making the stock its 13th biggest position. Aire Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $10,501,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. FMR LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after buying an additional 1,393 shares during the period. Raymond James Financial Inc. bought a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $16,021,000. Truist Financial Corp increased its position in Avantis Emerging Markets Equity ETF by 4.1% during the 4th quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock valued at $337,000 after purchasing an additional 224 shares during the period. Natixis Advisors LLC raised its holdings in 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 worth $1,217,000 after purchasing an additional 2,107 shares during the last quarter. Finally, US Bancorp DE lifted its position in shares of Avantis Emerging Markets Equity ETF by 65.8% in the 4th quarter. US Bancorp DE now owns 4,175 shares of the company’s stock worth $245,000 after purchasing an additional 1,657 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVEM opened at $61.96 on Tuesday. Avantis Emerging Markets Equity ETF has a 52 week low of $55.65 and a 52 week high of $66.31. The firm’s fifty day moving average is $60.26 and its 200-day moving average is $61.24. The firm has a market cap of $7.86 billion, a P/E ratio of 12.48 and a beta of 0.79.

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.