Global Retirement Partners LLC Grows Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Global Retirement Partners LLC lifted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 462.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 67,286 shares of the company’s stock after purchasing an additional 55,314 shares during the period. Global Retirement Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,956,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC raised its stake in Avantis Emerging Markets Equity ETF by 223.6% in the third 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. Raymond James & Associates grew its holdings in shares of Avantis Emerging Markets Equity ETF by 123.1% in the third quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after purchasing an additional 105,243 shares during the last quarter. Natixis Advisors LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 12.6% in the third quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock worth $1,217,000 after purchasing an additional 2,107 shares during the last quarter. Silvia Mccoll Wealth Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 7.7% in the fourth quarter. Silvia Mccoll Wealth Management LLC now owns 24,272 shares of the company’s stock worth $1,427,000 after purchasing an additional 1,740 shares during the last quarter. Finally, Rockefeller Capital Management L.P. bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at $3,872,000.

Avantis Emerging Markets Equity ETF Stock Down 0.2 %

NYSEARCA:AVEM opened at $61.54 on Thursday. The stock has a market cap of $5.51 billion, a P/E ratio of 9.91 and a beta of 0.88. The firm’s fifty day simple moving average is $59.54 and its 200 day simple moving average is $61.17. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31.

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.