Kestra Private Wealth Services LLC Acquires 4,988 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Kestra Private Wealth Services LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 27.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,083 shares of the company’s stock after purchasing an additional 4,988 shares during the period. Kestra Private Wealth Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,357,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in AVEM. Iron Horse Wealth Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $28,000. Northwest Investment Counselors LLC acquired a new position in Avantis Emerging Markets Equity ETF during the third quarter worth $37,000. Brown Lisle Cummings Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at $82,000. FMR LLC boosted its stake in shares of 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 purchasing an additional 1,393 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $144,000.

Avantis Emerging Markets Equity ETF Stock Up 0.4 %

Shares of AVEM stock opened at $60.49 on Thursday. The company has a market capitalization of $5.41 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12-month low of $55.00 and a 12-month high of $66.31. The firm has a 50-day moving average price of $59.66 and a 200 day moving average price of $61.14.

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.