Apollon Wealth Management LLC Raises Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Apollon Wealth Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 371,645 shares of the company’s stock after purchasing an additional 15,112 shares during the quarter. Apollon Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $21,849,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Evanson Asset Management LLC raised its position in Avantis Emerging Markets Equity ETF by 2.2% in the fourth quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock worth $516,000 after acquiring an additional 187 shares in the last quarter. Orion Capital Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 2.1% during the 3rd quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock worth $646,000 after purchasing an additional 204 shares in the last quarter. Atlas Brown Inc. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 7.0% in the fourth quarter. Atlas Brown Inc. now owns 3,857 shares of the company’s stock worth $227,000 after acquiring an additional 254 shares during the last quarter. Telos Capital Management Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 2.5% in the 4th quarter. Telos Capital Management Inc. now owns 10,960 shares of the company’s stock valued at $644,000 after purchasing an additional 265 shares in the last quarter. Finally, Apollon Financial LLC boosted its position in Avantis Emerging Markets Equity ETF by 1.2% during the third quarter. Apollon Financial LLC now owns 23,560 shares of the company’s stock worth $1,522,000 after acquiring an additional 284 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.4 %

Shares of NYSEARCA:AVEM opened at $59.75 on Friday. The company has a market cap of $5.35 billion, a P/E ratio of 9.91 and a beta of 0.88. The business has a fifty day simple moving average of $59.73 and a 200-day simple moving average of $61.13. Avantis Emerging Markets Equity ETF has a 52 week low of $55.00 and a 52 week high of $66.31.

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.