McLean Asset Management Corp Buys 17,132 Shares of Avantis Emerging Markets Equity ETF $AVEM

McLean Asset Management Corp increased its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 14.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 137,729 shares of the company’s stock after purchasing an additional 17,132 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 2.5% of McLean Asset Management Corp’s portfolio, making the stock its 13th biggest holding. McLean Asset Management Corp owned 0.09% of Avantis Emerging Markets Equity ETF worth $9,509,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 0.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 15,030,769 shares of the company’s stock worth $904,401,000 after purchasing an additional 115,249 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 15.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock worth $143,887,000 after purchasing an additional 319,437 shares during the period. Cerity Partners LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 4.6% in the 1st quarter. Cerity Partners LLC now owns 2,295,240 shares of the company’s stock worth $138,105,000 after purchasing an additional 100,298 shares during the period. American Century Companies Inc. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 8.6% in the 1st quarter. American Century Companies Inc. now owns 1,930,233 shares of the company’s stock worth $116,142,000 after purchasing an additional 152,942 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 10.0% in the 1st quarter. LPL Financial LLC now owns 1,471,607 shares of the company’s stock worth $88,547,000 after purchasing an additional 133,886 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.1%

NYSEARCA:AVEM opened at $74.34 on Friday. The stock has a market capitalization of $12.18 billion, a PE ratio of 12.66 and a beta of 0.80. The firm’s 50 day moving average is $70.73 and its 200 day moving average is $65.37. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $74.54.

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.