Fonville Wealth Management LLC Has $9.47 Million Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Fonville Wealth Management LLC increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 161,132 shares of the company’s stock after acquiring an additional 17,448 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 3.1% of Fonville Wealth Management LLC’s investment portfolio, making the stock its 7th largest holding. Fonville Wealth Management LLC owned approximately 0.18% of Avantis Emerging Markets Equity ETF worth $9,473,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 7,223.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after purchasing an additional 2,854,681 shares in the last quarter. Savant Capital LLC increased its stake in Avantis Emerging Markets Equity ETF by 7.6% in 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 raised its holdings in shares of Avantis Emerging Markets Equity ETF by 380.2% during the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after buying an additional 1,125,300 shares in the last quarter. MML Investors Services LLC raised its stake 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 worth $60,803,000 after acquiring an additional 687,056 shares in the last quarter. Finally, Merit Financial Group LLC raised its position in 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 worth $41,948,000 after purchasing an additional 591,800 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $59.75 on Monday. Avantis Emerging Markets Equity ETF has a 1 year low of $55.00 and a 1 year high of $66.31. The stock’s 50 day simple moving average is $59.71 and its 200 day simple moving average is $61.13. The firm has a market cap of $5.35 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.