Leading Edge Financial Planning LLC Increases Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Leading Edge Financial Planning LLC lifted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,053 shares of the company’s stock after buying an additional 1,222 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 0.4% of Leading Edge Financial Planning LLC’s portfolio, making the stock its 19th biggest holding. Leading Edge Financial Planning LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,355,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of AVEM. Jane Street Group LLC raised its stake in Avantis Emerging Markets Equity ETF by 380.2% in the third quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after purchasing an additional 1,125,300 shares in the last quarter. MML Investors Services LLC raised its stake in Avantis Emerging Markets Equity ETF by 270.3% in the third quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock valued at $60,803,000 after purchasing an additional 687,056 shares in the last quarter. Merit Financial Group LLC grew its position in Avantis Emerging Markets Equity ETF by 486.2% during the fourth quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock valued at $41,948,000 after acquiring an additional 591,800 shares during the last quarter. Bank of Montreal Can grew its position in Avantis Emerging Markets Equity ETF by 26,155,500.0% during the third quarter. Bank of Montreal Can now owns 523,112 shares of the company’s stock valued at $34,264,000 after acquiring an additional 523,110 shares during the last quarter. Finally, Cerity Partners LLC grew its position in Avantis Emerging Markets Equity ETF by 31.1% during the third quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after acquiring an additional 506,778 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $59.21 on Monday. Avantis Emerging Markets Equity ETF has a one year low of $54.33 and a one year high of $66.31. The firm’s 50 day simple moving average is $59.85 and its two-hundred day simple moving average is $61.18. The stock has a market capitalization of $5.30 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.