Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) is Libra Wealth LLC’s 8th Largest Position

Libra Wealth LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 14.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 145,775 shares of the company’s stock after acquiring an additional 17,914 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 3.3% of Libra Wealth LLC’s holdings, making the stock its 8th biggest position. Libra Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $8,570,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Clarity Capital Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 1.7% in the fourth quarter. Clarity Capital Advisors LLC now owns 21,283 shares of the company’s stock worth $1,251,000 after buying an additional 355 shares during the period. Perigon Wealth Management LLC grew its position in Avantis Emerging Markets Equity ETF by 12.6% during the 4th quarter. Perigon Wealth Management LLC now owns 54,502 shares of the company’s stock valued at $3,185,000 after purchasing an additional 6,083 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC grew its position in Avantis Emerging Markets Equity ETF by 10.7% during the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 10,831 shares of the company’s stock valued at $637,000 after purchasing an additional 1,051 shares during the last quarter. MBE Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $204,000. Finally, Greenup Street Wealth Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 17.1% during the 4th quarter. Greenup Street Wealth Management LLC now owns 427,479 shares of the company’s stock valued at $25,131,000 after acquiring an additional 62,390 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.6 %

Shares of NYSEARCA AVEM opened at $58.95 on Wednesday. The firm’s 50-day moving average price is $59.99 and its 200-day moving average price is $61.28. The company has a market cap of $5.28 billion, a PE ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52-week low of $54.33 and a 52-week high of $66.31.

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.