Keb Asset Management LLC Makes New $946,000 Investment in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Keb Asset Management LLC bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 16,086 shares of the company’s stock, valued at approximately $946,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC grew its holdings in 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 in the last quarter. Private Trust Co. NA lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 29.4% during the 4th quarter. Private Trust Co. NA now owns 2,265 shares of the company’s stock worth $133,000 after acquiring an additional 515 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $144,000. Kestra Investment Management LLC acquired a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $159,000. Finally, MBE Wealth Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth $204,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $61.19 on Monday. The firm has a market cap of $7.66 billion, a PE ratio of 11.90 and a beta of 0.78. The company has a 50 day simple moving average of $59.67 and a 200 day simple moving average of $61.23. Avantis Emerging Markets Equity ETF has a 1 year low of $55.65 and a 1 year high of $66.31.

Avantis Emerging Markets Equity ETF 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.