Henrickson Nauta Wealth Advisors Inc. Boosts Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Henrickson Nauta Wealth Advisors Inc. lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 130,509 shares of the company’s stock after purchasing an additional 12,937 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 2.9% of Henrickson Nauta Wealth Advisors Inc.’s holdings, making the stock its 11th largest holding. Henrickson Nauta Wealth Advisors Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $7,286,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in AVEM. Farther Finance Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 90.3% in the 1st quarter. Farther Finance Advisors LLC now owns 155,606 shares of the company’s stock worth $9,431,000 after acquiring an additional 73,829 shares during the last quarter. Destiny Wealth Partners LLC increased its position in Avantis Emerging Markets Equity ETF by 5.5% during the first quarter. Destiny Wealth Partners LLC now owns 170,919 shares of the company’s stock worth $10,284,000 after purchasing an additional 8,979 shares during the last quarter. Park Avenue Securities LLC increased its position in Avantis Emerging Markets Equity ETF by 20.8% during the first quarter. Park Avenue Securities LLC now owns 422,886 shares of the company’s stock worth $25,445,000 after purchasing an additional 72,845 shares during the last quarter. Broadway Wealth Solutions Inc. raised its stake in Avantis Emerging Markets Equity ETF by 9.3% during the first quarter. Broadway Wealth Solutions Inc. now owns 75,395 shares of the company’s stock worth $4,537,000 after purchasing an additional 6,428 shares during the period. Finally, Kennebec Savings Bank acquired a new position in Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $148,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $66.57 on Monday. The company has a 50 day simple moving average of $61.25 and a 200-day simple moving average of $60.62. The company has a market capitalization of $10.15 billion, a P/E ratio of 12.64 and a beta of 0.66. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $67.07.

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.