Nations Financial Group Inc. IA ADV Increases Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Nations Financial Group Inc. IA ADV increased its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,413 shares of the company’s stock after acquiring an additional 543 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Avantis Emerging Markets Equity ETF were worth $453,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Haverford Trust Co raised its stake in shares of 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 worth $123,757,000 after purchasing an additional 839,454 shares during the period. Summit Financial Strategies Inc. bought a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter worth about $38,549,000. Wells Fargo & Company MN raised its stake in shares of Avantis Emerging Markets Equity ETF by 199.3% in the fourth quarter. Wells Fargo & Company MN now owns 992,458 shares of the company’s stock valued at $55,965,000 after buying an additional 660,865 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 10.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 6,695,200 shares of the company’s stock valued at $377,542,000 after buying an additional 658,440 shares during the last quarter. Finally, Waddell & Associates LLC bought a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $25,618,000.

Avantis Emerging Markets Equity ETF Trading Up 0.3 %

Shares of NYSEARCA AVEM traded up $0.18 during midday trading on Friday, hitting $61.54. The company’s stock had a trading volume of 197,897 shares, compared to its average volume of 355,270. The firm has a market capitalization of $5.51 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The stock has a fifty day moving average price of $61.05 and a 200 day moving average price of $59.68. Avantis Emerging Markets Equity ETF has a one year low of $50.65 and a one year high of $63.64.

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.