Nicolet Advisory Services LLC Buys New Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Nicolet Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, Holdings Channel.com reports. The fund purchased 434,232 shares of the company’s stock, valued at approximately $25,012,000. Avantis Emerging Markets Equity ETF accounts for 2.3% of Nicolet Advisory Services LLC’s investment portfolio, making the stock its 8th biggest position.

A number of other institutional investors have also modified their holdings of the stock. Strategic Financial Concepts LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 7,223.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after buying an additional 2,854,681 shares in the last quarter. Savant Capital LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 7.6% in the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after acquiring an additional 1,172,561 shares during the period. Jane Street Group LLC raised its position in shares of 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 worth $91,816,000 after acquiring an additional 1,125,300 shares during the period. MML Investors Services LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 270.3% during the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after acquiring an additional 687,056 shares in the last quarter. Finally, Merit Financial Group LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 486.2% during the 4th quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock valued at $41,948,000 after acquiring an additional 591,800 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 0.2 %

NYSEARCA AVEM opened at $60.71 on Thursday. The stock has a market capitalization of $7.83 billion, a price-to-earnings ratio of 12.56 and a beta of 0.67. The stock has a 50-day moving average of $60.56 and a 200 day moving average of $61.28. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month 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.