Atlas Brown Inc. Purchases 254 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Atlas Brown Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,857 shares of the company’s stock after purchasing an additional 254 shares during the quarter. Atlas Brown Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $227,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its position in shares of Avantis Emerging Markets Equity ETF by 19.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 57,931 shares of the company’s stock worth $3,539,000 after buying an additional 9,259 shares during the period. Natixis Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 12.4% during the second quarter. Natixis Advisors LLC now owns 16,739 shares of the company’s stock valued at $1,023,000 after purchasing an additional 1,842 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 6.1% during the second quarter. Private Advisor Group LLC now owns 38,884 shares of the company’s stock valued at $2,375,000 after purchasing an additional 2,221 shares in the last quarter. Caprock Group LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 8.0% during the second quarter. Caprock Group LLC now owns 7,582 shares of the company’s stock valued at $463,000 after purchasing an additional 559 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 111.0% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 8,028 shares of the company’s stock worth $490,000 after purchasing an additional 4,223 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock traded down $1.23 on Friday, reaching $57.55. 486,246 shares of the company traded hands, compared to its average volume of 429,290. The firm has a fifty day simple moving average of $60.80 and a 200-day simple moving average of $61.55. The company has a market cap of $5.15 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a one year low of $52.72 and a one year high of $66.31.

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.