Magnolia Private Wealth LLC Acquires New Shares in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Magnolia Private Wealth LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, Holdings Channel.com reports. The fund acquired 24,987 shares of the company’s stock, valued at approximately $1,469,000. Avantis Emerging Markets Equity ETF accounts for approximately 0.8% of Magnolia Private Wealth LLC’s holdings, making the stock its 20th largest holding.

Other large investors have also added to or reduced their stakes in the company. Savant Capital LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 7.6% during the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after buying an additional 1,172,561 shares during the period. Strategic Financial Concepts LLC increased its holdings in Avantis Emerging Markets Equity ETF by 7,223.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after acquiring an additional 2,854,681 shares during the period. Haverford Trust Co lifted its stake in Avantis Emerging Markets Equity ETF by 0.6% in the 3rd quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock worth $145,262,000 after purchasing an additional 13,301 shares in the last quarter. Cerity Partners LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 31.1% in the 3rd quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after purchasing an additional 506,778 shares during the period. Finally, HighTower Advisors LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 0.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock valued at $113,638,000 after purchasing an additional 4,738 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $60.89 on Wednesday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $55.65 and a fifty-two week high of $66.31. The stock has a market cap of $5.45 billion, a P/E ratio of 9.91 and a beta of 0.88. The firm’s fifty day moving average price is $59.54 and its 200-day moving average price is $61.28.

Avantis Emerging Markets Equity ETF Company 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.