Savant Capital LLC Purchases 1,185,965 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Savant Capital LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.7% in the fourth quarter, Holdings Channel reports. The fund owned 12,270,330 shares of the company’s stock after acquiring an additional 1,185,965 shares during the period. Avantis Emerging Markets Equity ETF accounts for 8.9% of Savant Capital LLC’s investment portfolio, making the stock its biggest holding. Savant Capital LLC owned about 0.18% of Avantis Emerging Markets Equity ETF worth $691,924,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of AVEM. First Ascent Asset Management LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 6.5% in the fourth quarter. First Ascent Asset Management LLC now owns 71,431 shares of the company’s stock valued at $4,028,000 after acquiring an additional 4,344 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC grew its position in Avantis Emerging Markets Equity ETF by 0.4% in the 4th quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 78,334 shares of the company’s stock worth $4,417,000 after purchasing an additional 320 shares during the last quarter. Red Lighthouse Investment Management LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 5.6% during the 4th quarter. Red Lighthouse Investment Management LLC now owns 90,611 shares of the company’s stock worth $5,110,000 after purchasing an additional 4,811 shares during the period. IAG Wealth Partners LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 11.7% during the fourth quarter. IAG Wealth Partners LLC now owns 53,276 shares of the company’s stock valued at $3,004,000 after buying an additional 5,595 shares during the last quarter. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 32.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 11,151 shares of the company’s stock valued at $629,000 after buying an additional 2,704 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 1.4 %

AVEM stock traded down $0.83 during trading on Tuesday, reaching $58.43. 280,791 shares of the stock were exchanged, compared to its average volume of 345,716. Avantis Emerging Markets Equity ETF has a twelve month low of $50.65 and a twelve month high of $59.40. The company has a market capitalization of $5.16 billion, a P/E ratio of 9.46 and a beta of 0.80. The stock has a 50 day simple moving average of $57.75 and a 200-day simple moving average of $55.63.

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.