Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Purchased by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 15.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 453,876 shares of the company’s stock after buying an additional 62,320 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 1.0% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 19th largest position. Avantax Planning Partners Inc. owned approximately 0.51% of Avantis Emerging Markets Equity ETF worth $26,683,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in AVEM. Strategic Financial Concepts LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 7,223.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after buying an additional 2,854,681 shares in the last quarter. Savant Capital LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 7.6% in the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after purchasing an additional 1,172,561 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 380.2% in the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after purchasing an additional 1,125,300 shares in the last quarter. MML Investors Services LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 270.3% in the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock valued at $60,803,000 after purchasing an additional 687,056 shares in the last quarter. Finally, Merit Financial Group LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 486.2% in the 4th quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock valued at $41,948,000 after purchasing an additional 591,800 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 2.5 %

Shares of AVEM opened at $59.68 on Tuesday. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31. The firm’s fifty day simple moving average is $59.69 and its 200-day simple moving average is $61.22. The firm has a market capitalization of $7.47 billion, a price-to-earnings ratio of 11.90 and a beta of 0.78.

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.