Savant Capital LLC Buys 1,172,561 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Savant Capital LLC grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 16,567,391 shares of the company’s stock after buying an additional 1,172,561 shares during the period. Avantis Emerging Markets Equity ETF makes up 7.7% of Savant Capital LLC’s investment portfolio, making the stock its biggest holding. Savant Capital LLC owned about 18.51% of Avantis Emerging Markets Equity ETF worth $973,997,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in AVEM. Evanson Asset Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 2.2% in the 4th quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock valued at $516,000 after buying an additional 187 shares in the last quarter. Orion Capital Management LLC raised its position in Avantis Emerging Markets Equity ETF by 2.1% in the third quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock worth $646,000 after purchasing an additional 204 shares in the last quarter. Atlas Brown Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 7.0% during the fourth quarter. Atlas Brown Inc. now owns 3,857 shares of the company’s stock worth $227,000 after purchasing an additional 254 shares during the period. Telos Capital Management Inc. grew its position in Avantis Emerging Markets Equity ETF by 2.5% in the fourth quarter. Telos Capital Management Inc. now owns 10,960 shares of the company’s stock valued at $644,000 after acquiring an additional 265 shares during the period. Finally, Apollon Financial LLC raised its stake in Avantis Emerging Markets Equity ETF by 1.2% during the third quarter. Apollon Financial LLC now owns 23,560 shares of the company’s stock worth $1,522,000 after acquiring an additional 284 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $59.75 on Monday. The firm has a market cap of $5.35 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The firm’s 50-day simple moving average is $59.71 and its 200-day simple moving average is $61.13. Avantis Emerging Markets Equity ETF has a twelve month low of $55.00 and a twelve month high of $66.31.

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.