Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Holdings Boosted by Savant Capital LLC

Savant Capital LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 14,181,306 shares of the company’s stock after acquiring an additional 992,460 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 8.7% of Savant Capital LLC’s portfolio, making the stock its biggest holding. Savant Capital LLC owned 0.16% of Avantis Emerging Markets Equity ETF worth $866,336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of AVEM. TD Capital Management LLC purchased a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $25,000. Global Retirement Partners LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at about $28,000. Principal Securities Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter valued at about $31,000. Gleason Group Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter worth about $33,000. Finally, CVA Family Office LLC boosted its stake in Avantis Emerging Markets Equity ETF by 59.7% during the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after buying an additional 209 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $59.20 on Friday. The business’s 50 day simple moving average is $60.98 and its 200-day simple moving average is $59.86. Avantis Emerging Markets Equity ETF has a 1 year low of $50.65 and a 1 year high of $63.64. The stock has a market capitalization of $5.30 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.