Armbruster Capital Management Inc. Buys 6,032 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Armbruster Capital Management Inc. increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 18.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 38,890 shares of the company’s stock after buying an additional 6,032 shares during the quarter. Armbruster Capital Management Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $2,286,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after acquiring an additional 1,393 shares during the last quarter. Sterneck Capital Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 17.6% during the 3rd quarter. Sterneck Capital Management LLC now owns 51,648 shares of the company’s stock worth $3,336,000 after purchasing an additional 7,737 shares during the last quarter. Annandale Capital LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 33.8% during the 2nd quarter. Annandale Capital LLC now owns 62,899 shares of the company’s stock worth $3,842,000 after purchasing an additional 15,876 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 123.1% in the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock valued at $12,321,000 after buying an additional 105,243 shares during the last quarter. Finally, DBK Financial Counsel LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 3.0% in the third quarter. DBK Financial Counsel LLC now owns 10,178 shares of the company’s stock valued at $657,000 after buying an additional 300 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.3 %

Shares of AVEM opened at $59.84 on Monday. The company has a market cap of $5.36 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The company’s fifty day simple moving average is $60.04 and its 200 day simple moving average is $61.32. Avantis Emerging Markets Equity ETF has a 1-year low of $54.33 and a 1-year 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.