JRM Investment Counsel LLC Increases Stock Position in Avantis Emerging Markets Equity ETF $AVEM

JRM Investment Counsel LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 336,701 shares of the company’s stock after purchasing an additional 19,940 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 7.2% of JRM Investment Counsel LLC’s holdings, making the stock its 5th biggest holding. JRM Investment Counsel LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $27,131,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Greenwood Capital Associates LLC lifted its stake in Avantis Emerging Markets Equity ETF by 24.5% in the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock valued at $3,870,000 after buying an additional 9,895 shares during the last quarter. ACT Advisors LLC. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 3.4% during the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after acquiring an additional 10,245 shares during the period. CoreCap Advisors LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 38.8% during the fourth quarter. CoreCap Advisors LLC now owns 50,065 shares of the company’s stock worth $3,856,000 after acquiring an additional 13,998 shares during the last quarter. Armstrong Fleming & Moore Inc grew its position in shares of Avantis Emerging Markets Equity ETF by 16.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock worth $18,010,000 after acquiring an additional 32,228 shares during the last quarter. Finally, Echo Wealth Management LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 31.1% in the 4th quarter. Echo Wealth Management LLC now owns 102,188 shares of the company’s stock worth $7,871,000 after acquiring an additional 24,256 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.7%

Shares of NYSEARCA:AVEM opened at $90.96 on Friday. The company has a market cap of $25.55 billion, a PE ratio of 12.66 and a beta of 0.73. The company’s 50-day moving average price is $94.31 and its 200 day moving average price is $88.24. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.27 and a fifty-two week high of $100.83.

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