Apella Capital LLC Boosts Stake in Avantis Emerging Markets Equity ETF $AVEM

Apella Capital LLC raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 960,152 shares of the company’s stock after buying an additional 105,575 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 1.2% of Apella Capital LLC’s investment portfolio, making the stock its 18th biggest position. Apella Capital LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $77,369,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. Asempa Wealth Advisors purchased a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $939,000. Breakwater Capital Group boosted its position in Avantis Emerging Markets Equity ETF by 14.8% during the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after acquiring an additional 6,774 shares during the last quarter. Greenwood Capital Associates LLC grew its stake in Avantis Emerging Markets Equity ETF by 24.5% in the 4th quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock worth $3,870,000 after acquiring an additional 9,895 shares during the period. ACT Advisors LLC. grew its stake in Avantis Emerging Markets Equity ETF by 3.4% in the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after acquiring an additional 10,245 shares during the period. Finally, Armstrong Fleming & Moore Inc raised its holdings in Avantis Emerging Markets Equity ETF by 16.0% in the 4th quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock valued at $18,010,000 after acquiring an additional 32,228 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $94.78 on Thursday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $67.75 and a fifty-two week high of $100.83. The company has a market capitalization of $24.72 billion, a PE ratio of 12.66 and a beta of 0.73. The stock has a fifty day moving average of $93.58 and a two-hundred day moving average of $85.87.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.