Annapolis Financial Services LLC Raises Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Annapolis Financial Services LLC increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,317 shares of the company’s stock after purchasing an additional 17,252 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 2.9% of Annapolis Financial Services LLC’s holdings, making the stock its 11th largest holding. Annapolis Financial Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $9,840,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Sterneck Capital Management LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 17.6% during the 3rd quarter. Sterneck Capital Management LLC now owns 51,648 shares of the company’s stock worth $3,336,000 after purchasing an additional 7,737 shares during the last quarter. Annandale Capital LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 33.8% during the second quarter. Annandale Capital LLC now owns 62,899 shares of the company’s stock valued at $3,842,000 after buying an additional 15,876 shares during the period. DBK Financial Counsel LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 3.0% during the third quarter. DBK Financial Counsel LLC now owns 10,178 shares of the company’s stock valued at $657,000 after buying an additional 300 shares during the period. Wealth Management Partners LLC boosted its position in Avantis Emerging Markets Equity ETF by 2.0% during the first quarter. Wealth Management Partners LLC now owns 92,667 shares of the company’s stock worth $5,371,000 after acquiring an additional 1,817 shares during the last quarter. Finally, Annex Advisory Services LLC grew its stake in Avantis Emerging Markets Equity ETF by 16.3% in the 1st quarter. Annex Advisory Services LLC now owns 2,309,443 shares of the company’s stock worth $133,855,000 after acquiring an additional 323,204 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $64.08 on Thursday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $50.65 and a fifty-two week high of $66.31. The company has a market capitalization of $5.74 billion, a PE ratio of 9.91 and a beta of 0.88. The stock has a fifty day moving average of $62.22 and a two-hundred day moving average of $60.98.

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.