McLean Asset Management Corp Has $5.29 Million Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

McLean Asset Management Corp raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,962 shares of the company’s stock after acquiring an additional 9,382 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 1.6% of McLean Asset Management Corp’s holdings, making the stock its 17th largest position. McLean Asset Management Corp owned about 0.10% of Avantis Emerging Markets Equity ETF worth $5,289,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Iron Horse Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $28,000. Northwest Investment Counselors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $37,000. City State Bank bought a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $45,000. Brown Lisle Cummings Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $82,000. Finally, Nemes Rush Group LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 68.1% in the second quarter. Nemes Rush Group LLC now owns 1,787 shares of the company’s stock valued at $109,000 after purchasing an additional 724 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.3 %

NYSEARCA:AVEM opened at $59.84 on Monday. Avantis Emerging Markets Equity ETF has a 12 month low of $54.33 and a 12 month high of $66.31. The firm has a market cap of $5.36 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The company’s 50 day moving average is $60.04 and its 200-day moving average is $61.31.

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.