Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Purchased by Foster & Motley Inc.

Foster & Motley Inc. grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 557,242 shares of the company’s stock after buying an additional 1,335 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 2.1% of Foster & Motley Inc.’s investment portfolio, making the stock its 7th largest position. Foster & Motley Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $32,760,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. FMR LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after purchasing an additional 1,393 shares in the last quarter. Sterneck Capital Management LLC increased its stake in 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 valued at $3,336,000 after buying an additional 7,737 shares during the period. Raymond James & Associates raised its position in shares of Avantis Emerging Markets Equity ETF by 123.1% during the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after buying an additional 105,243 shares in the last quarter. DBK Financial Counsel LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 3.0% in the 3rd quarter. DBK Financial Counsel LLC now owns 10,178 shares of the company’s stock worth $657,000 after acquiring an additional 300 shares during the period. Finally, Natixis Advisors LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 12.6% in the third quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock valued at $1,217,000 after acquiring an additional 2,107 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $59.05 on Thursday. The stock has a market cap of $5.28 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12 month low of $54.33 and a 12 month high of $66.31. The stock’s 50 day moving average price is $59.95 and its 200 day moving average price is $61.25.

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.