Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Sees Unusually-High Trading Volume

Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEMGet Free Report) saw strong trading volume on Wednesday . 608,764 shares changed hands during mid-day trading, an increase of 80% from the previous session’s volume of 337,358 shares.The stock last traded at $62.21 and had previously closed at $61.36.

Avantis Emerging Markets Equity ETF Trading Up 1.4 %

The stock has a market cap of $5.57 billion, a P/E ratio of 9.91 and a beta of 0.88. The company has a 50 day simple moving average of $60.80 and a 200 day simple moving average of $57.98.

Institutional Investors Weigh In On Avantis Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 75.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,980 shares of the company’s stock worth $157,000 after purchasing an additional 1,280 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Avantis Emerging Markets Equity ETF by 56.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 5,513,693 shares of the company’s stock worth $291,068,000 after purchasing an additional 1,990,140 shares in the last quarter. WealthPlan Investment Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 774.6% during the 3rd quarter. WealthPlan Investment Management LLC now owns 106,330 shares of the company’s stock worth $5,613,000 after purchasing an additional 94,173 shares in the last quarter. Beaird Harris Wealth Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 2.3% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 622,985 shares of the company’s stock worth $32,887,000 after purchasing an additional 14,193 shares in the last quarter. Finally, McIlrath & Eck LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 533.8% during the 3rd quarter. McIlrath & Eck LLC now owns 13,513 shares of the company’s stock worth $713,000 after purchasing an additional 11,381 shares in the last quarter.

Avantis Emerging Markets Equity ETF Company Profile

(Get Free Report)

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.

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