Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) is Foster & Motley Inc.’s 7th Largest Position

Foster & Motley Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 557,242 shares of the company’s stock after buying an additional 1,335 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 2.1% of Foster & Motley Inc.’s portfolio, making the stock its 7th biggest holding. Foster & Motley Inc. owned approximately 0.62% of Avantis Emerging Markets Equity ETF worth $32,760,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Allen Capital Group LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 4.3% during the 4th quarter. Allen Capital Group LLC now owns 170,802 shares of the company’s stock valued at $10,041,000 after buying an additional 7,089 shares during the period. Strategic Blueprint LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 3.4% in the fourth quarter. Strategic Blueprint LLC now owns 51,428 shares of the company’s stock valued at $3,023,000 after acquiring an additional 1,687 shares during the last quarter. BWM Planning LLC grew its position in Avantis Emerging Markets Equity ETF by 10.3% during the fourth quarter. BWM Planning LLC now owns 41,524 shares of the company’s stock valued at $2,441,000 after acquiring an additional 3,869 shares during the period. Verus Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $3,428,000. Finally, Gateway Wealth Partners LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 24.6% in the 4th quarter. Gateway Wealth Partners LLC now owns 55,553 shares of the company’s stock worth $3,266,000 after purchasing an additional 10,953 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:AVEM opened at $59.05 on Thursday. The stock has a 50-day simple moving average of $59.95 and a 200-day simple moving average of $61.25. The stock has a market capitalization of $5.28 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 1 year low of $54.33 and a 1 year high of $66.31.

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.