PrairieView Partners LLC Buys 5,405 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

PrairieView Partners LLC grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 341,948 shares of the company’s stock after acquiring an additional 5,405 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 2.1% of PrairieView Partners LLC’s portfolio, making the stock its 13th biggest holding. PrairieView Partners LLC owned approximately 0.38% of Avantis Emerging Markets Equity ETF worth $20,103,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the stock. Iron Horse Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at about $28,000. Northwest Investment Counselors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $37,000. Brown Lisle Cummings Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $82,000. FMR LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after acquiring an additional 1,393 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $144,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $60.49 on Thursday. Avantis Emerging Markets Equity ETF has a 1 year low of $55.00 and a 1 year high of $66.31. The company has a market capitalization of $5.41 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The business has a 50-day moving average of $59.66 and a 200-day moving average of $61.14.

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.