Focus Partners Advisor Solutions LLC Grows Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Focus Partners Advisor Solutions LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 20.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 364,767 shares of the company’s stock after acquiring an additional 61,826 shares during the quarter. Focus Partners Advisor Solutions LLC owned about 0.41% of Avantis Emerging Markets Equity ETF worth $21,445,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of AVEM. Savant Capital LLC lifted its position in Avantis Emerging Markets Equity ETF by 7.6% during the fourth 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 during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 8.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 14,915,520 shares of the company’s stock valued at $876,883,000 after buying an additional 1,115,487 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter valued at $471,967,000. Strategic Financial Concepts LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 7,223.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after acquiring an additional 2,854,681 shares during the last quarter. Finally, Cerity Partners LLC grew its position in Avantis Emerging Markets Equity ETF by 2.8% in the fourth quarter. Cerity Partners LLC now owns 2,194,942 shares of the company’s stock worth $129,041,000 after acquiring an additional 60,499 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.2%

NYSEARCA AVEM opened at $64.64 on Wednesday. The stock’s 50-day simple moving average is $60.32 and its two-hundred day simple moving average is $60.33. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $66.31. The company has a market capitalization of $8.67 billion, a price-to-earnings ratio of 12.64 and a beta of 0.66.

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.