Private Advisor Group LLC Has $13.01 Million Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Private Advisor Group LLC raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 417.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 201,308 shares of the company’s stock after buying an additional 162,424 shares during the quarter. Private Advisor Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $13,005,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in AVEM. Gleason Group Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $33,000. CVA Family Office LLC raised its stake in Avantis Emerging Markets Equity ETF by 59.7% during the 2nd quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after purchasing an additional 209 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $37,000. City State Bank acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $45,000. Finally, Bessemer Group Inc. acquired a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter worth $69,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $63.54 on Thursday. The company has a 50-day simple moving average of $62.62 and a 200-day simple moving average of $61.18. Avantis Emerging Markets Equity ETF has a 52 week low of $50.65 and a 52 week high of $66.31. The firm has a market capitalization of $5.69 billion, a P/E ratio of 9.91 and a beta of 0.88.

Avantis Emerging Markets Equity ETF 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.