Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Purchased by Citadel Advisors LLC

Citadel Advisors LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 53.7% during the fourth quarter, HoldingsChannel reports. The firm owned 192,864 shares of the company’s stock after purchasing an additional 67,418 shares during the period. Citadel Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $11,338,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Savant Capital LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 7.6% in the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after purchasing an additional 1,172,561 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 8.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 14,915,520 shares of the company’s stock valued at $876,883,000 after purchasing an additional 1,115,487 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at $471,967,000. Strategic Financial Concepts LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 7,223.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after purchasing an additional 2,854,681 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 2.8% in the 4th quarter. Cerity Partners LLC now owns 2,194,942 shares of the company’s stock valued at $129,041,000 after purchasing an additional 60,499 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.5%

NYSEARCA AVEM opened at $63.99 on Wednesday. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $66.31. The business’s fifty day simple moving average is $59.89 and its 200-day simple moving average is $60.27. The firm has a market cap of $8.55 billion, a PE ratio of 11.74 and a beta of 0.67.

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.