Tarbox Family Office Inc. Has $32.06 Million Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Tarbox Family Office Inc. raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.1% during the fourth quarter, HoldingsChannel reports. The firm owned 545,400 shares of the company’s stock after acquiring an additional 6,036 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 5.3% of Tarbox Family Office Inc.’s holdings, making the stock its 3rd largest position. Tarbox Family Office Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $32,064,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of AVEM. Renaissance Technologies LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 49.2% during the 2nd quarter. Renaissance Technologies LLC now owns 9,100 shares of the company’s stock worth $556,000 after buying an additional 3,000 shares during the last quarter. King Luther Capital Management Corp acquired a new position in Avantis Emerging Markets Equity ETF during the second quarter worth about $238,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 13.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,561 shares of the company’s stock worth $279,000 after acquiring an additional 550 shares during the last quarter. Certified Advisory Corp grew its holdings in shares of Avantis Emerging Markets Equity ETF by 17.7% during the 2nd quarter. Certified Advisory Corp now owns 85,619 shares of the company’s stock valued at $5,230,000 after purchasing an additional 12,897 shares during the last quarter. Finally, AQR Capital Management LLC acquired a new position in Avantis Emerging Markets Equity ETF during the 2nd quarter worth approximately $309,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $58.82 on Tuesday. Avantis Emerging Markets Equity ETF has a one year low of $53.21 and a one year high of $66.31. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The firm has a 50 day simple moving average of $60.12 and a 200 day simple moving average of $61.40.

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.