Nemes Rush Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 109.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,225 shares of the company’s stock after purchasing an additional 1,162 shares during the quarter. Nemes Rush Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $131,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans purchased a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $884,000. FMR LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after buying an additional 1,393 shares in the last quarter. Rockefeller Capital Management L.P. acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth $3,872,000. Captrust Financial Advisors purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $224,000. Finally, Hilltop Holdings Inc. grew its stake in Avantis Emerging Markets Equity ETF by 330.2% in the 3rd quarter. Hilltop Holdings Inc. now owns 33,367 shares of the company’s stock valued at $2,156,000 after acquiring an additional 25,611 shares during the last quarter.
Avantis Emerging Markets Equity ETF Trading Up 0.7 %
NYSEARCA:AVEM opened at $60.61 on Wednesday. The company has a market capitalization of $7.69 billion, a P/E ratio of 12.48 and a beta of 0.79. The firm has a 50-day moving average price of $60.54 and a two-hundred day moving average price of $61.28. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31.
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.
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