Silver Lake Advisory LLC Invests $452,000 in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Silver Lake Advisory LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,402 shares of the company’s stock, valued at approximately $452,000.

A number of other large investors also recently bought and sold shares of the business. Raymond James & Associates boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 5.7% in the 4th quarter. Raymond James & Associates now owns 39,895 shares of the company’s stock valued at $2,250,000 after buying an additional 2,156 shares in the last quarter. Signet Financial Management LLC boosted its stake in Avantis Emerging Markets Equity ETF by 1.8% in the fourth quarter. Signet Financial Management LLC now owns 69,844 shares of the company’s stock valued at $3,939,000 after acquiring an additional 1,227 shares in the last quarter. West Paces Advisors Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 87.8% in the fourth quarter. West Paces Advisors Inc. now owns 396,332 shares of the company’s stock worth $22,349,000 after purchasing an additional 185,257 shares during the last quarter. Allen Capital Group LLC acquired a new position in Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $310,000. Finally, Diversified Portfolios Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 42.2% in the 4th quarter. Diversified Portfolios Inc. now owns 170,267 shares of the company’s stock valued at $9,601,000 after purchasing an additional 50,507 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM stock traded up $0.67 during trading on Friday, reaching $61.49. The company had a trading volume of 221,020 shares, compared to its average volume of 362,199. Avantis Emerging Markets Equity ETF has a twelve month low of $50.65 and a twelve month high of $63.64. The firm has a 50-day simple moving average of $61.00 and a 200-day simple moving average of $59.29. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.