Commonwealth Equity Services LLC Raises Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Commonwealth Equity Services LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 26.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 259,282 shares of the company’s stock after purchasing an additional 53,868 shares during the quarter. Commonwealth Equity Services LLC owned about 0.29% of Avantis Emerging Markets Equity ETF worth $15,840,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TD Capital Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $25,000. Global Retirement Partners LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $28,000. Principal Securities Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $31,000. Gleason Group Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth approximately $33,000. Finally, CVA Family Office LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 59.7% in the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after purchasing an additional 209 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $60.26 on Wednesday. The business’s 50 day moving average price is $61.04 and its 200 day moving average price is $59.84. The company has a market cap of $5.39 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a one year low of $50.65 and a one year high of $63.64.

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.