Lam Group Inc. Has $855,000 Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Lam Group Inc. raised its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEMFree Report) by 53.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,750 shares of the company’s stock after purchasing an additional 5,110 shares during the period. Lam Group Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $855,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of AVEM. Savant Capital LLC increased its position in Avantis Emerging Markets Equity ETF by 10.7% during the 4th quarter. Savant Capital LLC now owns 12,270,330 shares of the company’s stock worth $691,924,000 after purchasing an additional 1,185,965 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 10.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 6,695,200 shares of the company’s stock worth $377,542,000 after purchasing an additional 658,440 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Avantis Emerging Markets Equity ETF by 56.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 5,513,693 shares of the company’s stock valued at $291,068,000 after purchasing an additional 1,990,140 shares in the last quarter. Haverford Trust Co increased its stake in shares of Avantis Emerging Markets Equity ETF by 61.9% in the fourth quarter. Haverford Trust Co now owns 2,194,665 shares of the company’s stock valued at $123,757,000 after buying an additional 839,454 shares during the period. Finally, Annex Advisory Services LLC raised its holdings in Avantis Emerging Markets Equity ETF by 8.8% in the 4th quarter. Annex Advisory Services LLC now owns 1,986,239 shares of the company’s stock valued at $112,004,000 after buying an additional 161,191 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.9 %

NYSEARCA:AVEM traded up $0.54 during mid-day trading on Wednesday, hitting $62.08. 349,577 shares of the company’s stock were exchanged, compared to its average volume of 332,995. Avantis Emerging Markets Equity ETF has a fifty-two week low of $50.65 and a fifty-two week high of $62.55. The firm has a market capitalization of $5.56 billion, a P/E ratio of 9.91 and a beta of 0.88. The company has a 50 day simple moving average of $59.99 and a 200-day simple moving average of $57.54.

Avantis Emerging Markets Equity ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

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