White Pine Investment CO Has $5.61 Million Holdings in Avantis Emerging Markets Equity ETF $AVEM

White Pine Investment CO increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.8% during the first quarter, HoldingsChannel.com reports. The firm owned 69,558 shares of the company’s stock after buying an additional 7,886 shares during the period. White Pine Investment CO’s holdings in Avantis Emerging Markets Equity ETF were worth $5,605,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of AVEM. Rothschild Investment LLC lifted its position in Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at $36,000. Team Financial Group LLC increased its holdings in Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares during the period. Hantz Financial Services Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 49.5% in the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after buying an additional 183 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVEM opened at $94.78 on Thursday. The company has a 50-day moving average of $93.58 and a 200-day moving average of $85.87. Avantis Emerging Markets Equity ETF has a 52 week low of $67.75 and a 52 week high of $100.83. The company has a market capitalization of $24.72 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.