Apella Capital LLC Has $65.82 Million Position in Avantis Emerging Markets Equity ETF $AVEM

Apella Capital LLC raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 854,577 shares of the company’s stock after buying an additional 83,425 shares during the period. Avantis Emerging Markets Equity ETF comprises about 1.3% of Apella Capital LLC’s investment portfolio, making the stock its 16th biggest holding. Apella Capital LLC owned 0.40% of Avantis Emerging Markets Equity ETF worth $65,819,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. American Capital Advisory LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $30,000. Team Financial Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after buying an additional 361 shares during the period. Tripletail Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $49,000. Spire Wealth Management boosted its stake in shares of Avantis Emerging Markets Equity ETF by 324.9% during the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after buying an additional 575 shares during the period. Finally, Mather Group LLC. acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $57,000.

Avantis Emerging Markets Equity ETF Stock Up 0.8%

Shares of NYSEARCA:AVEM opened at $81.33 on Tuesday. The firm has a market capitalization of $20.38 billion, a P/E ratio of 12.66 and a beta of 0.68. The firm has a fifty day moving average of $83.64 and a two-hundred day moving average of $79.47. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $89.75.

About Avantis Emerging Markets Equity ETF

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.