First Hawaiian Bank Boosts Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

First Hawaiian Bank increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 82,270 shares of the company’s stock after acquiring an additional 6,105 shares during the period. First Hawaiian Bank owned about 0.09% of Avantis Emerging Markets Equity ETF worth $4,837,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Kings Path Partners LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 10.8% in the fourth quarter. Kings Path Partners LLC now owns 56,286 shares of the company’s stock worth $3,309,000 after acquiring an additional 5,470 shares during the period. Dentgroup LLC raised its stake in Avantis Emerging Markets Equity ETF by 9.8% during the 4th quarter. Dentgroup LLC now owns 11,901 shares of the company’s stock valued at $700,000 after buying an additional 1,066 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 1.9% during the 4th quarter. Versant Capital Management Inc now owns 401,731 shares of the company’s stock valued at $23,618,000 after buying an additional 7,523 shares during the period. Capasso Planning Partners LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 5.0% in the 3rd quarter. Capasso Planning Partners LLC now owns 108,825 shares of the company’s stock worth $7,030,000 after buying an additional 5,204 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $144,000.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock traded down $0.33 during mid-day trading on Wednesday, reaching $58.78. 404,633 shares of the stock traded hands, compared to its average volume of 429,407. The stock has a market capitalization of $5.26 billion, a PE ratio of 9.91 and a beta of 0.88. The business’s 50-day moving average is $60.96 and its 200-day moving average is $61.59. Avantis Emerging Markets Equity ETF has a 12-month low of $52.72 and a 12-month high of $66.31.

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.