Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by Private Trust Co. NA

Private Trust Co. NA lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 29.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,265 shares of the company’s stock after purchasing an additional 515 shares during the quarter. Private Trust Co. NA’s holdings in Avantis Emerging Markets Equity ETF were worth $133,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC grew its holdings in Avantis Emerging Markets Equity ETF by 223.6% in the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after buying an additional 1,393 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $144,000. Kestra Investment Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $159,000. Gladstone Institutional Advisory LLC purchased a new position in Avantis Emerging Markets Equity ETF during the third quarter worth about $205,000. Finally, MBE Wealth Management LLC acquired a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $204,000.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $59.29 on Wednesday. The firm has a 50 day simple moving average of $59.58 and a 200-day simple moving average of $61.25. The stock has a market cap of $7.43 billion, a price-to-earnings ratio of 11.90 and a beta of 0.78. Avantis Emerging Markets Equity ETF has a 1-year low of $55.65 and a 1-year 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.