Orion Capital Management LLC Raises Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Orion Capital Management LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,007 shares of the company’s stock after acquiring an additional 204 shares during the period. Orion Capital Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $646,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVEM. Savant Capital LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 7.5% in the 2nd quarter. Savant Capital LLC now owns 14,181,306 shares of the company’s stock valued at $866,336,000 after buying an additional 992,460 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 10.9% in the second quarter. Envestnet Asset Management Inc. now owns 8,162,990 shares of the company’s stock valued at $498,677,000 after purchasing an additional 803,346 shares during the period. Annex Advisory Services LLC raised its holdings in Avantis Emerging Markets Equity ETF by 13.8% in the third quarter. Annex Advisory Services LLC now owns 2,539,099 shares of the company’s stock valued at $164,026,000 after acquiring an additional 307,011 shares in the last quarter. Haverford Trust Co raised its holdings in shares of Avantis Emerging Markets Equity ETF by 0.6% during the third quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock worth $145,262,000 after purchasing an additional 13,301 shares during the period. Finally, Strategic Financial Concepts LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 7,528.9% during the second quarter. Strategic Financial Concepts LLC now owns 2,157,235 shares of the company’s stock worth $131,785,000 after purchasing an additional 2,128,958 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 1.7 %

AVEM stock opened at $62.91 on Tuesday. The firm’s 50-day simple moving average is $62.86 and its 200 day simple moving average is $61.76. The stock has a market cap of $5.63 billion, a PE ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.72 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.