Avantis Emerging Markets Equity ETF $AVEM is Signature Resources Capital Management LLC’s 9th Largest Position

Signature Resources Capital Management LLC grew its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 16.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 65,819 shares of the company’s stock after buying an additional 9,103 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 2.5% of Signature Resources Capital Management LLC’s investment portfolio, making the stock its 9th biggest holding. Signature Resources Capital Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,304,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. AQR Capital Management LLC boosted its position in Avantis Emerging Markets Equity ETF by 13.2% in the first quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after purchasing an additional 2,596 shares during the last quarter. M&T Bank Corp bought a new position in Avantis Emerging Markets Equity ETF in the 2nd quarter valued at $287,000. Diversify Advisory Services LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter valued at $478,000. Diversify Wealth Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 20.3% during the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after purchasing an additional 2,244 shares during the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of Avantis Emerging Markets Equity ETF by 74.1% during the 2nd quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock worth $1,010,000 after purchasing an additional 6,271 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 0.2%

Shares of NYSEARCA:AVEM traded up $0.17 during midday trading on Friday, reaching $94.14. The company had a trading volume of 2,671,141 shares, compared to its average volume of 2,012,466. The company’s 50 day moving average price is $94.85 and its 200 day moving average price is $87.30. The stock has a market cap of $25.90 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 52-week low of $68.27 and a 52-week high of $100.83.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.