Beaird Harris Wealth Management LLC Grows Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Beaird Harris Wealth Management LLC grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 651,987 shares of the company’s stock after buying an additional 29,002 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 3.9% of Beaird Harris Wealth Management LLC’s holdings, making the stock its 11th biggest position. Beaird Harris Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $36,766,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AVEM. Envestnet Asset Management Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 58.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,036,760 shares of the company’s stock valued at $318,681,000 after buying an additional 2,223,331 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in Avantis Emerging Markets Equity ETF by 56.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 5,513,693 shares of the company’s stock valued at $291,068,000 after purchasing an additional 1,990,140 shares during the period. Savant Capital LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 10.7% in the 4th quarter. Savant Capital LLC now owns 12,270,330 shares of the company’s stock worth $691,924,000 after purchasing an additional 1,185,965 shares in the last quarter. Haverford Trust Co grew its holdings in Avantis Emerging Markets Equity ETF by 61.9% during the 4th quarter. Haverford Trust Co now owns 2,194,665 shares of the company’s stock valued at $123,757,000 after buying an additional 839,454 shares in the last quarter. Finally, Summit Financial Strategies Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth $38,549,000.

Avantis Emerging Markets Equity ETF Trading Up 0.1 %

Shares of NYSEARCA:AVEM traded up $0.06 during midday trading on Friday, reaching $61.19. 186,122 shares of the company were exchanged, compared to its average volume of 334,246. The stock has a market cap of $5.48 billion, a PE ratio of 9.91 and a beta of 0.88. The business’s fifty day moving average is $59.89 and its two-hundred day moving average is $57.44. Avantis Emerging Markets Equity ETF has a one year low of $50.65 and a one year high of $62.55.

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.