Clarity Capital Advisors LLC Grows Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Clarity Capital Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,283 shares of the company’s stock after buying an additional 355 shares during the period. Avantis Emerging Markets Equity ETF accounts for 0.8% of Clarity Capital Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Clarity Capital Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,251,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of AVEM. Iron Horse Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at $28,000. Northwest Investment Counselors LLC acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at $37,000. City State Bank acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at $45,000. Brown Lisle Cummings Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $82,000. Finally, Nemes Rush Group LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 68.1% during 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 Down 2.4 %

AVEM opened at $58.40 on Tuesday. The firm has a market capitalization of $5.23 billion, a P/E ratio of 9.91 and a beta of 0.88. The firm’s 50 day moving average is $60.04 and its 200-day moving average is $61.31. Avantis Emerging Markets Equity ETF has a 52-week low of $54.33 and a 52-week high of $66.31.

Avantis Emerging Markets Equity ETF Company 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.