Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Westside Investment Management Inc.

Westside Investment Management Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 74.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,610 shares of the company’s stock after acquiring an additional 1,110 shares during the quarter. Westside Investment Management Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $179,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 16.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock valued at $1,200,426,000 after acquiring an additional 2,483,487 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Avantis Emerging Markets Equity ETF by 15.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock valued at $143,887,000 after buying an additional 319,437 shares during the period. Cerity Partners LLC increased its holdings in Avantis Emerging Markets Equity ETF by 4.6% in the 1st quarter. Cerity Partners LLC now owns 2,295,240 shares of the company’s stock valued at $138,105,000 after purchasing an additional 100,298 shares during the last quarter. American Century Companies Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 8.6% in the 1st quarter. American Century Companies Inc. now owns 1,930,233 shares of the company’s stock valued at $116,142,000 after purchasing an additional 152,942 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in Avantis Emerging Markets Equity ETF by 10.0% in the 1st quarter. LPL Financial LLC now owns 1,471,607 shares of the company’s stock valued at $88,547,000 after purchasing an additional 133,886 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.9%

Shares of AVEM stock opened at $78.19 on Tuesday. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $78.76. The stock has a market capitalization of $14.49 billion, a PE ratio of 12.66 and a beta of 0.68. The firm has a 50 day moving average of $74.89 and a two-hundred day moving average of $69.69.

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.