Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Acquired by TCI Wealth Advisors Inc.

TCI Wealth Advisors Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 306,408 shares of the company’s stock after acquiring an additional 11,382 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 1.8% of TCI Wealth Advisors Inc.’s holdings, making the stock its 13th biggest holding. TCI Wealth Advisors Inc. owned approximately 0.45% of Avantis Emerging Markets Equity ETF worth $17,278,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Tandem Wealth Advisors LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter worth $25,000. Westside Investment Management Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 740.0% in the 4th quarter. Westside Investment Management Inc. now owns 840 shares of the company’s stock worth $47,000 after purchasing an additional 740 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 75.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,980 shares of the company’s stock worth $157,000 after purchasing an additional 1,280 shares during the last quarter. GPS Wealth Strategies Group LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 6,247.9% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 3,047 shares of the company’s stock worth $172,000 after purchasing an additional 2,999 shares during the last quarter. Finally, Lauterbach Financial Advisors LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 6.7% in the 3rd quarter. Lauterbach Financial Advisors LLC now owns 4,383 shares of the company’s stock worth $231,000 after purchasing an additional 275 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.9 %

Shares of AVEM traded up $0.51 during midday trading on Friday, hitting $60.37. The company had a trading volume of 349,821 shares, compared to its average volume of 345,734. The company’s 50 day moving average price is $57.92 and its 200 day moving average price is $55.82. The stock has a market cap of $5.40 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52 week low of $50.65 and a 52 week high of $60.40.

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.