First National Trust Co Buys 5,793 Shares of Avantis Emerging Markets Equity ETF $AVEM

First National Trust Co grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 16.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 40,634 shares of the company’s stock after acquiring an additional 5,793 shares during the quarter. First National Trust Co’s holdings in Avantis Emerging Markets Equity ETF were worth $2,785,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Atlas Brown Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 4.2% during the second quarter. Atlas Brown Inc. now owns 4,029 shares of the company’s stock worth $276,000 after buying an additional 164 shares during the last quarter. Milestone Asset Management Group LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 4.3% during the first quarter. Milestone Asset Management Group LLC now owns 4,192 shares of the company’s stock worth $252,000 after buying an additional 173 shares during the last quarter. Clarity Asset Management Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 31.5% during the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after buying an additional 180 shares during the last quarter. Austin Asset Management Co Inc boosted its holdings in Avantis Emerging Markets Equity ETF by 3.1% during the second quarter. Austin Asset Management Co Inc now owns 6,686 shares of the company’s stock worth $458,000 after buying an additional 199 shares during the last quarter. Finally, L.K. Benson & Company P.C. boosted its holdings in Avantis Emerging Markets Equity ETF by 1.0% during the second quarter. L.K. Benson & Company P.C. now owns 21,564 shares of the company’s stock worth $1,478,000 after buying an additional 207 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $78.00 on Wednesday. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $78.08. The stock has a market cap of $14.38 billion, a P/E ratio of 12.66 and a beta of 0.68. The stock’s 50-day moving average price is $74.36 and its two-hundred day moving average price is $69.05.

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.