Keb Asset Management LLC Makes New $946,000 Investment in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Keb Asset Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 16,086 shares of the company’s stock, valued at approximately $946,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FMR LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 223.6% in the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after purchasing an additional 1,393 shares during the period. Private Trust Co. NA grew its holdings in shares of Avantis Emerging Markets Equity ETF by 29.4% during the 4th quarter. Private Trust Co. NA now owns 2,265 shares of the company’s stock valued at $133,000 after purchasing an additional 515 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter worth about $144,000. Kestra Investment Management LLC purchased a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $159,000. Finally, MBE Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter valued at $204,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $61.19 on Monday. The stock’s 50-day moving average is $59.67 and its 200 day moving average is $61.23. The company has a market cap of $7.66 billion, a PE ratio of 11.90 and a beta of 0.78. Avantis Emerging Markets Equity ETF has a 1 year low of $55.65 and a 1 year high of $66.31.

Avantis Emerging Markets Equity ETF Company 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.