Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Purchased by ORBA Wealth Advisors L.L.C.

ORBA Wealth Advisors L.L.C. raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.3% during the 4th quarter, HoldingsChannel reports. The firm owned 65,396 shares of the company’s stock after acquiring an additional 175 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 2.0% of ORBA Wealth Advisors L.L.C.’s portfolio, making the stock its 16th largest position. ORBA Wealth Advisors L.L.C.’s holdings in Avantis Emerging Markets Equity ETF were worth $3,845,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Gateway Wealth Partners LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 2.1% in the 3rd quarter. Gateway Wealth Partners LLC now owns 44,600 shares of the company’s stock worth $2,881,000 after acquiring an additional 916 shares during the period. SC&H Financial Advisors Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 5.0% during the 3rd quarter. SC&H Financial Advisors Inc. now owns 265,430 shares of the company’s stock valued at $17,147,000 after purchasing an additional 12,624 shares in the last quarter. Farmers & Merchants Investments Inc. purchased a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth $210,000. Strategic Blueprint LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 1.6% in the 3rd quarter. Strategic Blueprint LLC now owns 49,741 shares of the company’s stock worth $3,213,000 after buying an additional 780 shares in the last quarter. Finally, First Trust Direct Indexing L.P. purchased a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $331,000.

Avantis Emerging Markets Equity ETF Stock Up 0.0 %

Shares of NYSEARCA AVEM opened at $60.89 on Wednesday. The firm has a market cap of $5.45 billion, a PE ratio of 9.91 and a beta of 0.88. The business has a 50 day moving average price of $59.54 and a two-hundred day moving average price of $61.28. Avantis Emerging Markets Equity ETF has a fifty-two week low of $55.65 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.