Gladstone Institutional Advisory LLC Takes Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Gladstone Institutional Advisory LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the third quarter, Holdings Channel reports. The firm bought 3,175 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors also recently bought and sold shares of the stock. Sterneck Capital Management LLC raised its position in Avantis Emerging Markets Equity ETF by 17.6% during the 3rd quarter. Sterneck Capital Management LLC now owns 51,648 shares of the company’s stock worth $3,336,000 after buying an additional 7,737 shares during the last quarter. Annandale Capital LLC raised its position in Avantis Emerging Markets Equity ETF by 33.8% during the 2nd quarter. Annandale Capital LLC now owns 62,899 shares of the company’s stock worth $3,842,000 after buying an additional 15,876 shares during the last quarter. Raymond James & Associates raised its position in Avantis Emerging Markets Equity ETF by 123.1% during the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after buying an additional 105,243 shares during the last quarter. DBK Financial Counsel LLC raised its position in Avantis Emerging Markets Equity ETF by 3.0% during the 3rd quarter. DBK Financial Counsel LLC now owns 10,178 shares of the company’s stock worth $657,000 after buying an additional 300 shares during the last quarter. Finally, Certified Advisory Corp raised its position in Avantis Emerging Markets Equity ETF by 17.7% during the 2nd quarter. Certified Advisory Corp now owns 85,619 shares of the company’s stock worth $5,230,000 after buying an additional 12,897 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 1.5 %

AVEM opened at $63.67 on Wednesday. Avantis Emerging Markets Equity ETF has a 12-month low of $52.68 and a 12-month high of $66.31. The firm has a market capitalization of $5.70 billion, a PE ratio of 9.91 and a beta of 0.88. The firm has a 50 day moving average of $62.88 and a two-hundred day moving average of $61.54.

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.