Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by Visionary Horizons LLC

Visionary Horizons LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 146,101 shares of the company’s stock after purchasing an additional 5,650 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 5.6% of Visionary Horizons LLC’s portfolio, making the stock its 4th biggest position. Visionary Horizons LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $8,589,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC grew its stake in Avantis Emerging Markets Equity ETF by 7,223.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after acquiring an additional 2,854,681 shares during the period. Jane Street Group LLC grew 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 acquiring an additional 1,125,300 shares during the period. MML Investors Services LLC grew 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 acquiring an additional 687,056 shares during the period. Merit Financial Group LLC boosted its position in shares of 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 worth $41,948,000 after buying an additional 591,800 shares during the period. Finally, Bank of Montreal Can boosted its position in shares of 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 worth $34,264,000 after buying an additional 523,110 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $59.75 on Friday. The stock has a market capitalization of $5.35 billion, a P/E ratio of 9.91 and a beta of 0.88. The business has a 50-day moving average of $59.71 and a 200-day moving average of $61.12. Avantis Emerging Markets Equity ETF has a fifty-two week low of $55.00 and a fifty-two week 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.