Aire Advisors LLC Purchases 9,008 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Aire Advisors LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 178,616 shares of the company’s stock after acquiring an additional 9,008 shares during the period. Avantis Emerging Markets Equity ETF makes up about 2.2% of Aire Advisors LLC’s portfolio, making the stock its 13th largest holding. Aire Advisors LLC owned approximately 0.20% of Avantis Emerging Markets Equity ETF worth $10,501,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in AVEM. FMR LLC raised its stake in Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after acquiring an additional 1,393 shares in the last quarter. Raymond James Financial Inc. bought a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $16,021,000. Truist Financial Corp boosted its position in Avantis Emerging Markets Equity ETF by 4.1% in the fourth quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock valued at $337,000 after buying an additional 224 shares in the last quarter. Natixis Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 12.6% during the third quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock worth $1,217,000 after buying an additional 2,107 shares during the last quarter. Finally, US Bancorp DE increased its holdings in shares of Avantis Emerging Markets Equity ETF by 65.8% during the fourth quarter. US Bancorp DE now owns 4,175 shares of the company’s stock worth $245,000 after buying an additional 1,657 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.5 %

NYSEARCA AVEM opened at $61.96 on Tuesday. The company has a market cap of $7.86 billion, a price-to-earnings ratio of 12.48 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31. The business’s fifty day moving average is $60.26 and its 200 day moving average is $61.24.

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.