Sovran Advisors LLC Makes New Investment in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Sovran Advisors LLC acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,993 shares of the company’s stock, valued at approximately $346,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in AVEM. Evanson Asset Management LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 2.2% during the fourth quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock valued at $516,000 after purchasing an additional 187 shares in the last quarter. Orion Capital Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 2.1% during the third quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock worth $646,000 after buying an additional 204 shares during the period. Atlas Brown Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 7.0% during the fourth quarter. Atlas Brown Inc. now owns 3,857 shares of the company’s stock worth $227,000 after buying an additional 254 shares during the period. Telos Capital Management Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 2.5% during the fourth quarter. Telos Capital Management Inc. now owns 10,960 shares of the company’s stock worth $644,000 after buying an additional 265 shares during the period. Finally, Apollon Financial LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 1.2% during the third quarter. Apollon Financial LLC now owns 23,560 shares of the company’s stock worth $1,522,000 after buying an additional 284 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 0.4 %

AVEM opened at $60.49 on Thursday. The firm has a market cap of $5.41 billion, a price-to-earnings 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 stock has a fifty 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.