Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by Armbruster Capital Management Inc.

Armbruster Capital Management Inc. grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 20.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 46,740 shares of the company’s stock after acquiring an additional 7,850 shares during the quarter. Armbruster Capital Management Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $2,812,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of AVEM. WealthPlan Investment Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 8.9% in the fourth quarter. WealthPlan Investment Management LLC now owns 110,669 shares of the company’s stock valued at $6,506,000 after acquiring an additional 9,067 shares during the period. Aveo Capital Partners LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 38.9% during the fourth quarter. Aveo Capital Partners LLC now owns 4,689 shares of the company’s stock worth $276,000 after purchasing an additional 1,314 shares during the period. Highland Financial Advisors LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 3.1% during the fourth quarter. Highland Financial Advisors LLC now owns 97,352 shares of the company’s stock worth $5,723,000 after purchasing an additional 2,910 shares during the period. Lakeridge Wealth Management LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 47.2% during the fourth quarter. Lakeridge Wealth Management LLC now owns 15,416 shares of the company’s stock worth $906,000 after purchasing an additional 4,943 shares during the period. Finally, Centerpoint Advisory Group acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth $974,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $67.19 on Friday. The stock has a fifty day moving average price of $62.34 and a 200 day moving average price of $60.85. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $68.19. The company has a market cap of $10.24 billion, a PE ratio of 12.64 and a beta of 0.66.

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.