Fifth Third Securities Inc. Takes Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Fifth Third Securities Inc. purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 13,238 shares of the company’s stock, valued at approximately $778,000.

Several other institutional investors have also recently bought and sold shares of AVEM. FMR LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 223.6% in the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after buying an additional 1,393 shares during the period. Sterneck Capital Management LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 17.6% in the third quarter. Sterneck Capital Management LLC now owns 51,648 shares of the company’s stock valued at $3,336,000 after acquiring an additional 7,737 shares during the last quarter. Raymond James & Associates increased its position in Avantis Emerging Markets Equity ETF by 123.1% in the third quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after purchasing an additional 105,243 shares during the period. Natixis Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 12.6% during the 3rd quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock worth $1,217,000 after purchasing an additional 2,107 shares during the last quarter. Finally, Silvia Mccoll Wealth Management LLC lifted its position in Avantis Emerging Markets Equity ETF by 7.7% during the 4th quarter. Silvia Mccoll Wealth Management LLC now owns 24,272 shares of the company’s stock valued at $1,427,000 after purchasing an additional 1,740 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 1.1 %

Shares of NYSEARCA AVEM opened at $59.21 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $54.33 and a 1 year high of $66.31. The firm’s 50-day moving average is $59.89 and its 200-day moving average is $61.22. The firm has a market capitalization of $5.30 billion, a PE ratio of 9.91 and a beta of 0.88.

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.