Telos Capital Management Inc. Purchases 265 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Telos Capital Management Inc. grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,960 shares of the company’s stock after purchasing an additional 265 shares during the quarter. Telos Capital Management Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $644,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Iron Horse Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $28,000. Northwest Investment Counselors LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $37,000. City State Bank bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $45,000. Brown Lisle Cummings Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $82,000. Finally, FMR LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 223.6% in the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after purchasing an additional 1,393 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.6 %

Shares of NYSEARCA AVEM opened at $59.98 on Friday. The firm has a market cap of $5.37 billion, a PE ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12-month low of $55.00 and a 12-month high of $66.31. The company’s fifty day simple moving average is $59.75 and its 200 day simple moving average is $61.14.

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.