Signaturefd LLC Invests $66,000 in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Signaturefd LLC bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,117 shares of the company’s stock, valued at approximately $66,000.

A number of other institutional investors have also made changes to their positions in AVEM. Strategic Financial Concepts LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 7,223.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after acquiring an additional 2,854,681 shares during the last quarter. Savant Capital LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 7.6% in the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after purchasing an additional 1,172,561 shares during the last quarter. Jane Street Group LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 380.2% during the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock worth $91,816,000 after buying an additional 1,125,300 shares during the period. MML Investors Services LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 270.3% during the third quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after buying an additional 687,056 shares during the last quarter. Finally, Merit Financial Group LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 486.2% in the fourth quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock valued at $41,948,000 after buying an additional 591,800 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $61.96 on Tuesday. The firm’s 50 day moving average price is $60.26 and its two-hundred day moving average price is $61.24. The stock has a market cap of $7.86 billion, a PE ratio of 12.48 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a 52-week low of $55.65 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.