Annandale Capital LLC Buys 441 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Annandale Capital LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 66,683 shares of the company’s stock after purchasing an additional 441 shares during the period. Annandale Capital LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,920,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. FMR LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after acquiring an additional 1,393 shares during the last quarter. Natixis Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 39.8% in the 4th quarter. Natixis Advisors LLC now owns 26,338 shares of the company’s stock worth $1,548,000 after purchasing an additional 7,492 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $16,021,000. Truist Financial Corp increased its stake in Avantis Emerging Markets Equity ETF by 4.1% during the 4th quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock valued at $337,000 after purchasing an additional 224 shares in the last quarter. Finally, US Bancorp DE raised its holdings in Avantis Emerging Markets Equity ETF by 65.8% in the fourth quarter. US Bancorp DE now owns 4,175 shares of the company’s stock worth $245,000 after buying an additional 1,657 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $56.10 on Friday. The company has a market cap of $7.24 billion, a PE ratio of 12.56 and a beta of 0.67. The firm’s 50 day moving average price is $60.48 and its 200-day moving average price is $61.23. Avantis Emerging Markets Equity ETF has a 52-week low of $55.59 and a 52-week high of $66.31.

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.