McLean Asset Management Corp Buys 9,382 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

McLean Asset Management Corp raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 89,962 shares of the company’s stock after buying an additional 9,382 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 1.6% of McLean Asset Management Corp’s investment portfolio, making the stock its 17th biggest holding. McLean Asset Management Corp’s holdings in Avantis Emerging Markets Equity ETF were worth $5,289,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Annex Advisory Services LLC lifted its stake in Avantis Emerging Markets Equity ETF by 13.8% in the third quarter. Annex Advisory Services LLC now owns 2,539,099 shares of the company’s stock valued at $164,026,000 after buying an additional 307,011 shares in the last quarter. Haverford Trust Co lifted its stake in Avantis Emerging Markets Equity ETF by 0.6% in the third quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock valued at $145,262,000 after buying an additional 13,301 shares in the last quarter. Cerity Partners LLC lifted its stake in Avantis Emerging Markets Equity ETF by 31.1% in the third quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after buying an additional 506,778 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 0.3% in the third quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock worth $113,638,000 after purchasing an additional 4,738 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 380.2% in the third quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock worth $91,816,000 after purchasing an additional 1,125,300 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.3 %

Shares of AVEM stock opened at $59.84 on Monday. The company’s fifty day simple moving average is $60.04 and its 200-day simple moving average is $61.31. The firm has a market cap of $5.36 billion, a PE ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12 month low of $54.33 and a 12 month high of $66.31.

About Avantis Emerging Markets Equity ETF

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.