Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by Trellis Wealth Advisors LLC

Trellis Wealth Advisors LLC raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 79,851 shares of the company’s stock after purchasing an additional 2,419 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 2.4% of Trellis Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest position. Trellis Wealth Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,694,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in AVEM. Strategic Financial Concepts LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 7,223.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after acquiring an additional 2,854,681 shares during the last quarter. Savant Capital LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 7.6% during the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after acquiring an additional 1,172,561 shares during the last quarter. Jane Street Group LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 380.2% during the third quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after acquiring an additional 1,125,300 shares during the last quarter. MML Investors Services LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 270.3% during the third quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock valued at $60,803,000 after acquiring an additional 687,056 shares during the last quarter. Finally, Merit Financial Group LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 486.2% during the fourth quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock valued at $41,948,000 after acquiring an additional 591,800 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $61.58 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $55.65 and a 1-year high of $66.31. The stock has a market cap of $5.51 billion, a PE ratio of 9.91 and a beta of 0.88. The firm has a 50-day simple moving average of $59.54 and a two-hundred day simple moving average of $61.21.

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.