Financial Symmetry Inc Acquires Shares of 53,887 Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Financial Symmetry Inc bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 53,887 shares of the company’s stock, valued at approximately $3,039,000. Avantis Emerging Markets Equity ETF makes up approximately 3.0% of Financial Symmetry Inc’s holdings, making the stock its 8th biggest holding. Financial Symmetry Inc owned approximately 0.08% of Avantis Emerging Markets Equity ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Fonville Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at $5,198,000. Diversified Portfolios Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 42.2% in the fourth quarter. Diversified Portfolios Inc. now owns 170,267 shares of the company’s stock valued at $9,601,000 after buying an additional 50,507 shares in the last quarter. Allen Capital Group LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter worth about $310,000. West Paces Advisors Inc. increased its position in Avantis Emerging Markets Equity ETF by 87.8% in the fourth quarter. West Paces Advisors Inc. now owns 396,332 shares of the company’s stock worth $22,349,000 after purchasing an additional 185,257 shares during the period. Finally, Signet Financial Management LLC increased its position in Avantis Emerging Markets Equity ETF by 1.8% in the fourth quarter. Signet Financial Management LLC now owns 69,844 shares of the company’s stock worth $3,939,000 after purchasing an additional 1,227 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.5 %

AVEM stock traded down $0.26 during midday trading on Friday, reaching $56.41. The stock had a trading volume of 63,913 shares, compared to its average volume of 351,077. The business has a fifty day simple moving average of $57.52 and a two-hundred day simple moving average of $55.33. The firm has a market cap of $4.98 billion, a price-to-earnings ratio of 9.46 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a twelve month low of $50.65 and a twelve month high of $59.40.

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.