Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Position Boosted by Canvas Wealth Advisors LLC

Canvas Wealth Advisors LLC boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.6% during the 4th quarter, Holdings Channel reports. The fund owned 34,876 shares of the company’s stock after acquiring an additional 3,055 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Evanson Asset Management LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 2.2% during the fourth quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock valued at $516,000 after purchasing an additional 187 shares during the period. Orion Capital Management LLC grew its position in Avantis Emerging Markets Equity ETF by 2.1% in the 3rd quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock valued at $646,000 after buying an additional 204 shares in the last quarter. Atlas Brown Inc. increased its stake in Avantis Emerging Markets Equity ETF by 7.0% during the 4th quarter. Atlas Brown Inc. now owns 3,857 shares of the company’s stock valued at $227,000 after buying an additional 254 shares during the period. Telos Capital Management Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 2.5% during the 4th quarter. Telos Capital Management Inc. now owns 10,960 shares of the company’s stock worth $644,000 after buying an additional 265 shares in the last quarter. Finally, Apollon Financial LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 1.2% in the 3rd quarter. Apollon Financial LLC now owns 23,560 shares of the company’s stock worth $1,522,000 after acquiring an additional 284 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $59.75 on Monday. Avantis Emerging Markets Equity ETF has a 12-month low of $55.00 and a 12-month high of $66.31. The stock has a market capitalization of $5.35 billion, a PE ratio of 9.91 and a beta of 0.88. The firm has a 50 day simple moving average of $59.71 and a 200-day simple moving average of $61.13.

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.