Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Bought by Motco

Motco grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 38.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,058 shares of the company’s stock after buying an additional 3,622 shares during the period. Motco’s holdings in Avantis Emerging Markets Equity ETF were worth $768,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. FMR LLC lifted its position in 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 buying an additional 1,393 shares during the last quarter. Private Trust Co. NA raised its stake in shares of Avantis Emerging Markets Equity ETF by 29.4% in the 4th quarter. Private Trust Co. NA now owns 2,265 shares of the company’s stock valued at $133,000 after acquiring an additional 515 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $144,000. Kestra Investment Management LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $159,000. Finally, MBE Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $204,000.

Avantis Emerging Markets Equity ETF Stock Down 2.1 %

NYSEARCA:AVEM opened at $60.07 on Friday. Avantis Emerging Markets Equity ETF has a 52 week low of $55.65 and a 52 week high of $66.31. The stock’s fifty day moving average is $59.61 and its two-hundred day moving average is $61.27. The stock has a market capitalization of $7.52 billion, a price-to-earnings ratio of 11.90 and a beta of 0.78.

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.