Sprinkle Financial Consultants LLC Boosts Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Sprinkle Financial Consultants LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 30,333 shares of the company’s stock after acquiring an additional 649 shares during the period. Avantis Emerging Markets Equity ETF makes up about 1.2% of Sprinkle Financial Consultants LLC’s portfolio, making the stock its 21st largest holding. Sprinkle Financial Consultants LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,783,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of AVEM. AQR Capital Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $309,000. Cetera Investment Advisers grew its stake in Avantis Emerging Markets Equity ETF by 1.9% in the 2nd quarter. Cetera Investment Advisers now owns 57,299 shares of the company’s stock valued at $3,500,000 after acquiring an additional 1,088 shares during the period. Brookstone Capital Management purchased a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $491,000. CWM LLC raised its position in Avantis Emerging Markets Equity ETF by 12.3% during the third quarter. CWM LLC now owns 162,800 shares of the company’s stock worth $10,517,000 after acquiring an additional 17,876 shares during the period. Finally, BWM Planning LLC acquired a new position in Avantis Emerging Markets Equity ETF during the third quarter worth $2,432,000.

Avantis Emerging Markets Equity ETF Stock Down 0.4 %

Shares of NYSEARCA AVEM opened at $59.75 on Friday. The firm has a market cap of $5.35 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The company’s 50-day simple moving average is $59.73 and its 200-day simple moving average is $61.13. Avantis Emerging Markets Equity ETF has a 52-week low of $55.00 and a 52-week 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.