Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Bought by Echo Wealth Management LLC

Echo Wealth Management LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,953 shares of the company’s stock after buying an additional 1,629 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 3.7% of Echo Wealth Management LLC’s portfolio, making the stock its 10th largest position. Echo Wealth Management LLC owned 0.10% of Avantis Emerging Markets Equity ETF worth $5,347,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 380.2% in the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after purchasing an additional 1,125,300 shares during the last quarter. MML Investors Services LLC grew its holdings in Avantis Emerging Markets Equity ETF by 270.3% during the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after acquiring an additional 687,056 shares during the period. Merit Financial Group LLC grew its holdings in Avantis Emerging Markets Equity ETF by 486.2% during the 4th quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock worth $41,948,000 after acquiring an additional 591,800 shares during the period. Bank of Montreal Can raised its position in shares of Avantis Emerging Markets Equity ETF by 26,155,500.0% in the 3rd quarter. Bank of Montreal Can now owns 523,112 shares of the company’s stock worth $34,264,000 after acquiring an additional 523,110 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in Avantis Emerging Markets Equity ETF by 31.1% in the third quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after buying an additional 506,778 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.3 %

NYSEARCA:AVEM opened at $59.84 on Friday. The firm has a market capitalization of $5.36 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a twelve month low of $54.33 and a twelve month high of $66.31. The company has a fifty day moving average of $60.04 and a 200-day moving average of $61.33.

Avantis Emerging Markets Equity ETF 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.