Apella Capital LLC Grows Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Apella Capital LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 223.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 208,268 shares of the company’s stock after buying an additional 143,780 shares during the quarter. Apella Capital LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $12,244,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Park Avenue Securities LLC boosted its position in Avantis Emerging Markets Equity ETF by 20.9% during the fourth quarter. Park Avenue Securities LLC now owns 350,041 shares of the company’s stock worth $20,579,000 after acquiring an additional 60,515 shares during the last quarter. Define Financial LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth $7,902,000. Breakwater Capital Group boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 31.2% during the fourth quarter. Breakwater Capital Group now owns 26,633 shares of the company’s stock worth $1,566,000 after purchasing an additional 6,332 shares during the last quarter. Shotwell Rutter Baer Inc grew its position in shares of Avantis Emerging Markets Equity ETF by 2.1% in the fourth quarter. Shotwell Rutter Baer Inc now owns 129,805 shares of the company’s stock valued at $7,477,000 after purchasing an additional 2,703 shares during the period. Finally, Sentinel Pension Advisors Inc. grew its position in shares of Avantis Emerging Markets Equity ETF by 10.7% in the fourth quarter. Sentinel Pension Advisors Inc. now owns 37,029 shares of the company’s stock valued at $2,177,000 after purchasing an additional 3,569 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 1.1 %

NYSEARCA AVEM opened at $57.71 on Wednesday. The business’s 50-day moving average price is $60.47 and its 200 day moving average price is $61.48. Avantis Emerging Markets Equity ETF has a twelve month low of $52.72 and a twelve month high of $66.31. The company has a market capitalization of $5.17 billion, a PE ratio of 9.91 and a beta of 0.88.

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.