Bridgewater Advisors Inc. Has $5.84 Million Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Bridgewater Advisors Inc. lessened its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,231 shares of the company’s stock after selling 1,393 shares during the period. Bridgewater Advisors Inc. owned about 0.11% of Avantis Emerging Markets Equity ETF worth $5,842,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Diversify Wealth Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 76.4% during the 4th quarter. Diversify Wealth Management LLC now owns 7,987 shares of the company’s stock worth $460,000 after purchasing an additional 3,458 shares during the last quarter. Evanson Asset Management LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 2.2% during the 4th quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock worth $516,000 after purchasing an additional 187 shares in the last quarter. Bayshore Asset Management LLC grew its position in Avantis Emerging Markets Equity ETF by 3.1% during the fourth quarter. Bayshore Asset Management LLC now owns 15,769 shares of the company’s stock worth $927,000 after buying an additional 476 shares in the last quarter. Grove Bank & Trust grew its stake in Avantis Emerging Markets Equity ETF by 9.0% during the fourth quarter. Grove Bank & Trust now owns 31,529 shares of the company’s stock worth $1,854,000 after buying an additional 2,599 shares in the last quarter. Finally, Brady Martz Wealth Solutions LLC bought a new position in Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $1,234,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $58.82 on Monday. The stock has a market cap of $5.26 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 1 year low of $53.21 and a 1 year high of $66.31. The company has a 50 day simple moving average of $60.18 and a 200 day simple moving average of $61.43.

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.