Clune & Associates LTD. Buys New Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Clune & Associates LTD. bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 42,009 shares of the company’s stock, valued at approximately $2,470,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Natixis Advisors LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 12.6% during the 3rd quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock valued at $1,217,000 after purchasing an additional 2,107 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $884,000. PNC Financial Services Group Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 525.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 71,034 shares of the company’s stock valued at $4,589,000 after purchasing an additional 59,669 shares in the last quarter. Nwam LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $954,000. Finally, Bank of Montreal Can boosted its position in shares of Avantis Emerging Markets Equity ETF by 26,155,500.0% during the 3rd quarter. Bank of Montreal Can now owns 523,112 shares of the company’s stock valued at $34,264,000 after purchasing an additional 523,110 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.3 %

NYSEARCA:AVEM opened at $61.64 on Monday. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31. The company has a 50-day moving average of $60.16 and a 200-day moving average of $61.23. The firm has a market cap of $7.82 billion, a price-to-earnings ratio of 12.48 and a beta of 0.79.

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.