Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Purchased by Signet Financial Management LLC

Signet Financial Management LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEMFree Report) by 85.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 129,775 shares of the company’s stock after acquiring an additional 59,931 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 1.0% of Signet Financial Management LLC’s investment portfolio, making the stock its 24th biggest position. Signet Financial Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,522,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Lam Group Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 4.4% in the 4th quarter. Lam Group Inc. now owns 9,640 shares of the company’s stock valued at $544,000 after purchasing an additional 405 shares in the last quarter. Citizens & Northern Corp acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $382,000. Grand Wealth Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 14.7% in the 4th quarter. Grand Wealth Management LLC now owns 143,070 shares of the company’s stock valued at $8,068,000 after purchasing an additional 18,328 shares in the last quarter. Brown Financial Advisory raised its stake in shares of Avantis Emerging Markets Equity ETF by 257.5% in the 4th quarter. Brown Financial Advisory now owns 51,130 shares of the company’s stock valued at $2,883,000 after purchasing an additional 36,826 shares in the last quarter. Finally, Prosperity Planning Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 6.7% in the 4th quarter. Prosperity Planning Inc. now owns 102,984 shares of the company’s stock valued at $5,807,000 after purchasing an additional 6,509 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock traded down $0.12 during trading on Thursday, reaching $60.76. The company had a trading volume of 57,931 shares, compared to its average volume of 334,903. The company has a market cap of $5.44 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The firm’s fifty day moving average is $60.46 and its 200-day moving average is $57.81. Avantis Emerging Markets Equity ETF has a fifty-two week low of $50.65 and a fifty-two week high of $62.55.

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.

Further Reading

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

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