Brookstone Capital Management Buys 6,043 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Brookstone Capital Management lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 79.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,636 shares of the company’s stock after buying an additional 6,043 shares during the period. Brookstone Capital Management’s holdings in Avantis Emerging Markets Equity ETF were worth $802,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of AVEM. FMR LLC increased its stake in Avantis Emerging Markets Equity ETF by 223.6% in the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after buying an additional 1,393 shares during the last quarter. Sterneck Capital Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 17.6% during the third quarter. Sterneck Capital Management LLC now owns 51,648 shares of the company’s stock valued at $3,336,000 after acquiring an additional 7,737 shares during the last quarter. Annandale Capital LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 33.8% during the second quarter. Annandale Capital LLC now owns 62,899 shares of the company’s stock valued at $3,842,000 after acquiring an additional 15,876 shares during the last quarter. Raymond James & Associates lifted its holdings in Avantis Emerging Markets Equity ETF by 123.1% during the third quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after acquiring an additional 105,243 shares during the period. Finally, DBK Financial Counsel LLC boosted its position in Avantis Emerging Markets Equity ETF by 3.0% in the third quarter. DBK Financial Counsel LLC now owns 10,178 shares of the company’s stock worth $657,000 after purchasing an additional 300 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $58.43 on Friday. Avantis Emerging Markets Equity ETF has a one year low of $52.72 and a one year high of $66.31. The business’s fifty day moving average is $60.38 and its 200-day moving average is $61.46. The stock has a market capitalization of $5.23 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.