Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Purchased by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 173,435 shares of the company’s stock after purchasing an additional 9,173 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $10,196,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in AVEM. Renaissance Technologies LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 49.2% during the 2nd quarter. Renaissance Technologies LLC now owns 9,100 shares of the company’s stock worth $556,000 after purchasing an additional 3,000 shares during the period. AQR Capital Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 2nd quarter valued at about $309,000. Annandale Capital LLC raised its position in Avantis Emerging Markets Equity ETF by 33.8% in the 2nd quarter. Annandale Capital LLC now owns 62,899 shares of the company’s stock valued at $3,842,000 after purchasing an additional 15,876 shares in the last quarter. Nemes Rush Group LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 68.1% during the 2nd quarter. Nemes Rush Group LLC now owns 1,787 shares of the company’s stock worth $109,000 after acquiring an additional 724 shares in the last quarter. Finally, Silver Lake Advisory LLC acquired a new position in Avantis Emerging Markets Equity ETF during the second quarter worth approximately $452,000.

Avantis Emerging Markets Equity ETF Stock Down 1.6 %

AVEM opened at $58.73 on Monday. The firm has a market cap of $5.26 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52 week low of $54.33 and a 52 week high of $66.31. The business’s 50 day moving average is $60.04 and its two-hundred day moving average is $61.31.

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.