Grove Bank & Trust Has $1.85 Million Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Grove Bank & Trust increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,529 shares of the company’s stock after acquiring an additional 2,599 shares during the period. Grove Bank & Trust’s holdings in Avantis Emerging Markets Equity ETF were worth $1,854,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Brady Martz Wealth Solutions LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $1,234,000. Ameritas Advisory Services LLC boosted its position in Avantis Emerging Markets Equity ETF by 78.1% during the 4th quarter. Ameritas Advisory Services LLC now owns 12,952 shares of the company’s stock worth $761,000 after acquiring an additional 5,680 shares during the last quarter. HB Wealth Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 1.8% during the 4th quarter. HB Wealth Management LLC now owns 20,977 shares of the company’s stock worth $1,233,000 after acquiring an additional 376 shares in the last quarter. CGN Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 6.7% in the fourth quarter. CGN Advisors LLC now owns 213,782 shares of the company’s stock valued at $12,568,000 after purchasing an additional 13,483 shares during the last quarter. Finally, Sax Wealth Advisors LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth $1,047,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $58.82 on Friday. The business has a 50-day moving average of $60.18 and a 200-day moving average of $61.43. The stock has a market capitalization of $5.26 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a fifty-two week low of $53.21 and a fifty-two 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.