Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Position Raised by LexAurum Advisors LLC

LexAurum Advisors LLC raised its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 62,060 shares of the company’s stock after buying an additional 1,903 shares during the period. LexAurum Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,649,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AVEM. Annex Advisory Services LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 13.8% in the third quarter. Annex Advisory Services LLC now owns 2,539,099 shares of the company’s stock valued at $164,026,000 after buying an additional 307,011 shares during the period. Haverford Trust Co lifted its holdings in Avantis Emerging Markets Equity ETF by 0.6% in the 3rd quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock valued at $145,262,000 after acquiring an additional 13,301 shares during the last quarter. Cerity Partners LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 31.1% in the 3rd quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after acquiring an additional 506,778 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 0.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock valued at $113,638,000 after purchasing an additional 4,738 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 380.2% in the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock worth $91,816,000 after purchasing an additional 1,125,300 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $59.66 on Friday. The firm has a market cap of $5.34 billion, a PE ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12 month low of $54.33 and a 12 month high of $66.31. The firm has a 50 day simple moving average of $60.06 and a 200 day simple moving average of $61.36.

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.