TCG Advisory Services LLC Purchases 48,202 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

TCG Advisory Services LLC grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 459,880 shares of the company’s stock after buying an additional 48,202 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 1.8% of TCG Advisory Services LLC’s investment portfolio, making the stock its 8th biggest holding. TCG Advisory Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $25,933,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Tandem Wealth Advisors LLC bought a new position in Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $25,000. Westside Investment Management Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 740.0% during the fourth quarter. Westside Investment Management Inc. now owns 840 shares of the company’s stock worth $47,000 after buying an additional 740 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Avantis Emerging Markets Equity ETF by 75.3% during the third quarter. PNC Financial Services Group Inc. now owns 2,980 shares of the company’s stock worth $157,000 after acquiring an additional 1,280 shares in the last quarter. GPS Wealth Strategies Group LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 6,247.9% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 3,047 shares of the company’s stock valued at $172,000 after acquiring an additional 2,999 shares during the period. Finally, Lauterbach Financial Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 6.7% during the 3rd quarter. Lauterbach Financial Advisors LLC now owns 4,383 shares of the company’s stock worth $231,000 after purchasing an additional 275 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.9 %

NYSEARCA:AVEM traded up $0.51 on Friday, hitting $60.37. The company’s stock had a trading volume of 349,821 shares, compared to its average volume of 345,734. Avantis Emerging Markets Equity ETF has a one year low of $50.65 and a one year high of $60.40. The firm has a market capitalization of $5.40 billion, a P/E ratio of 9.91 and a beta of 0.88. The stock has a fifty day moving average of $57.92 and a two-hundred day moving average of $55.77.

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.