Intelligence Driven Advisers LLC Invests $2.07 Million in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Intelligence Driven Advisers LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 38,003 shares of the company’s stock, valued at approximately $2,073,000. Avantis Emerging Markets Equity ETF accounts for 0.3% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 25th biggest holding. Intelligence Driven Advisers LLC owned 0.06% of Avantis Emerging Markets Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Tandem Wealth Advisors LLC acquired a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $25,000. Westside Investment Management Inc. grew its position in Avantis Emerging Markets Equity ETF by 740.0% during the fourth quarter. Westside Investment Management Inc. now owns 840 shares of the company’s stock worth $47,000 after buying an additional 740 shares during the period. PNC Financial Services Group Inc. grew its position in Avantis Emerging Markets Equity ETF by 75.3% during the third quarter. PNC Financial Services Group Inc. now owns 2,980 shares of the company’s stock worth $157,000 after buying an additional 1,280 shares during the period. GPS Wealth Strategies Group LLC grew its position in Avantis Emerging Markets Equity ETF by 6,247.9% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 3,047 shares of the company’s stock worth $172,000 after buying an additional 2,999 shares during the period. Finally, Lauterbach Financial Advisors LLC grew its position in Avantis Emerging Markets Equity ETF by 6.7% during the third quarter. Lauterbach Financial Advisors LLC now owns 4,383 shares of the company’s stock worth $231,000 after buying an additional 275 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM traded up $1.46 on Thursday, hitting $59.94. 121,386 shares of the company were exchanged, compared to its average volume of 343,860. The business’s fifty day moving average is $57.81 and its 200 day moving average is $55.69. Avantis Emerging Markets Equity ETF has a fifty-two week low of $50.65 and a fifty-two week high of $59.98. The firm has a market capitalization of $5.29 billion, a P/E ratio of 9.46 and a beta of 0.80.

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.