Kings Path Partners LLC Has $3.31 Million Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Kings Path Partners LLC boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 56,286 shares of the company’s stock after purchasing an additional 5,470 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 1.4% of Kings Path Partners LLC’s investment portfolio, making the stock its 15th largest holding. Kings Path Partners LLC owned about 0.06% of Avantis Emerging Markets Equity ETF worth $3,309,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Strategic Financial Concepts LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 7,528.9% in the second quarter. Strategic Financial Concepts LLC now owns 2,157,235 shares of the company’s stock valued at $131,785,000 after purchasing an additional 2,128,958 shares in the last quarter. Jane Street Group LLC raised its position in Avantis Emerging Markets Equity ETF by 380.2% in the 3rd 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. Envestnet Asset Management Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 10.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,162,990 shares of the company’s stock valued at $498,677,000 after acquiring an additional 803,346 shares in the last quarter. MML Investors Services LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 270.3% during the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after acquiring an additional 687,056 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of Avantis Emerging Markets Equity ETF by 26,155,500.0% in the third quarter. Bank of Montreal Can now owns 523,112 shares of the company’s stock valued at $34,264,000 after purchasing an additional 523,110 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.4 %

AVEM stock traded up $0.26 during trading on Monday, reaching $59.45. The stock had a trading volume of 246,363 shares, compared to its average volume of 365,799. The company has a market capitalization of $5.32 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a one year low of $52.72 and a one year high of $66.31. The company’s 50 day moving average is $61.12 and its two-hundred day moving average is $61.63.

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.