Nemes Rush Group LLC Grows Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Nemes Rush Group LLC raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 109.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,225 shares of the company’s stock after purchasing an additional 1,162 shares during the period. Nemes Rush Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of AVEM. Savant Capital LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 7.6% during the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after purchasing an additional 1,172,561 shares during the period. Strategic Financial Concepts LLC lifted its stake in Avantis Emerging Markets Equity ETF by 7,223.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after purchasing an additional 2,854,681 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 4.9% during the fourth quarter. HighTower Advisors LLC now owns 1,846,124 shares of the company’s stock valued at $108,534,000 after buying an additional 86,792 shares during the period. American Century Companies Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 27.7% during the fourth quarter. American Century Companies Inc. now owns 1,777,291 shares of the company’s stock valued at $104,487,000 after buying an additional 385,780 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 380.2% in the third quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock worth $91,816,000 after buying an additional 1,125,300 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $60.61 on Wednesday. The stock has a 50 day moving average price of $60.54 and a 200 day moving average price of $61.28. The firm has a market capitalization of $7.69 billion, a P/E ratio of 12.48 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a 52-week low of $55.65 and a 52-week 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.