Perigon Wealth Management LLC Boosts Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Perigon Wealth Management LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 54,502 shares of the company’s stock after purchasing an additional 6,083 shares during the period. Perigon Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,185,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in AVEM. Jane Street Group LLC increased its holdings in Avantis Emerging Markets Equity ETF by 380.2% during the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after acquiring an additional 1,125,300 shares in the last quarter. MML Investors Services LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 270.3% in the third quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock valued at $60,803,000 after purchasing an additional 687,056 shares during the last quarter. Merit Financial Group LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 486.2% during 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 raised its position in shares of Avantis Emerging Markets Equity ETF by 26,155,500.0% during 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 during the last quarter. Finally, Cerity Partners LLC lifted its stake 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 valued at $137,885,000 after buying an additional 506,778 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $58.95 on Wednesday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $54.33 and a fifty-two week high of $66.31. The company has a market capitalization of $5.28 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The stock has a fifty day moving average of $59.99 and a two-hundred day moving average of $61.28.

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.