White Pine Investment CO Buys Shares of 37,259 Avantis Emerging Markets Equity ETF $AVEM

White Pine Investment CO purchased a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,259 shares of the company’s stock, valued at approximately $2,799,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AVEM. Modera Wealth Management LLC lifted its stake in Avantis Emerging Markets Equity ETF by 0.7% during the second quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock worth $12,411,000 after purchasing an additional 1,234 shares during the last quarter. Royal Bank of Canada raised its holdings in Avantis Emerging Markets Equity ETF by 7.8% during the first quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock worth $17,485,000 after purchasing an additional 20,996 shares in the last quarter. Stone Summit Wealth LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 2.8% during the 2nd quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock worth $2,356,000 after buying an additional 935 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 27.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 29,823 shares of the company’s stock valued at $2,044,000 after buying an additional 6,387 shares in the last quarter. Finally, XY Planning Network Inc. grew its position in shares of Avantis Emerging Markets Equity ETF by 89.7% in the 2nd quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock valued at $531,000 after buying an additional 3,663 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $76.32 on Tuesday. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $78.76. The firm has a market capitalization of $14.16 billion, a P/E ratio of 12.66 and a beta of 0.68. The company’s fifty day moving average price is $76.65 and its 200 day moving average price is $73.06.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.