Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Bought by Carlson Capital Management

Carlson Capital Management lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 33.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,153 shares of the company’s stock after acquiring an additional 20,477 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 0.2% of Carlson Capital Management’s holdings, making the stock its 24th biggest position. Carlson Capital Management’s holdings in Avantis Emerging Markets Equity ETF were worth $4,771,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Signaturefd LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $66,000. FMR LLC raised its holdings 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 worth $130,000 after purchasing an additional 1,393 shares in the last quarter. Private Trust Co. NA raised its holdings 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 worth $133,000 after purchasing an additional 515 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $144,000. Finally, Kestra Investment Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $159,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $62.39 on Tuesday. Avantis Emerging Markets Equity ETF has a 52-week low of $55.65 and a 52-week high of $66.31. The company’s 50 day simple moving average is $59.88 and its 200-day simple moving average is $61.20. The firm has a market capitalization of $7.91 billion, a P/E ratio of 12.48 and a beta of 0.79.

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.