Foundations Investment Advisors LLC Raises Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Foundations Investment Advisors LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 173,435 shares of the company’s stock after acquiring an additional 9,173 shares during the period. Foundations Investment Advisors LLC owned approximately 0.19% of Avantis Emerging Markets Equity ETF worth $10,196,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of AVEM. Jane Street Group LLC boosted its position in 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 valued at $91,816,000 after buying an additional 1,125,300 shares during the last quarter. MML Investors Services LLC boosted its position in Avantis Emerging Markets Equity ETF by 270.3% in the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after purchasing an additional 687,056 shares in the last quarter. Merit Financial Group LLC boosted its position in Avantis Emerging Markets Equity ETF by 486.2% in the 4th quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock worth $41,948,000 after purchasing an additional 591,800 shares in the last quarter. Bank of Montreal Can boosted its position in Avantis Emerging Markets Equity ETF by 26,155,500.0% in the 3rd quarter. Bank of Montreal Can now owns 523,112 shares of the company’s stock worth $34,264,000 after purchasing an additional 523,110 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in Avantis Emerging Markets Equity ETF by 31.1% in the 3rd quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock worth $137,885,000 after purchasing an additional 506,778 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.6 %

Avantis Emerging Markets Equity ETF stock opened at $58.73 on Monday. The firm has a market cap of $5.26 billion, a PE ratio of 9.91 and a beta of 0.88. The stock’s 50 day simple moving average is $60.04 and its two-hundred day simple moving average is $61.31. Avantis Emerging Markets Equity ETF has a 12 month low of $54.33 and a 12 month high of $66.31.

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.