Valmark Advisers Inc. Has $1.32 Million Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Valmark Advisers Inc. boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,875 shares of the company’s stock after acquiring an additional 287 shares during the period. Valmark Advisers Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $1,316,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in AVEM. Minot DeBlois Advisors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth approximately $26,000. Tucker Asset Management LLC acquired a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at $33,000. Webster Bank N. A. bought a new position in Avantis Emerging Markets Equity ETF during the 1st quarter worth $46,000. JFS Wealth Advisors LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 543.8% during the first quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock worth $50,000 after buying an additional 696 shares in the last quarter. Finally, CVA Family Office LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 32.7% in the first quarter. CVA Family Office LLC now owns 848 shares of the company’s stock valued at $51,000 after acquiring an additional 209 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM stock opened at $66.96 on Tuesday. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $68.38. The company has a market capitalization of $10.20 billion, a PE ratio of 12.64 and a beta of 0.66. The company’s 50-day simple moving average is $63.63 and its 200 day simple moving average is $61.08.

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.