Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Sees Unusually-High Trading Volume – What’s Next?

by · The Cerbat Gem

Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Get Free Report) shares saw an uptick in trading volume on Monday . 11,537,494 shares were traded during trading, an increase of 1,920% from the previous session’s volume of 571,242 shares.The stock last traded at $63.58 and had previously closed at $62.22.

Avantis Emerging Markets Equity ETF Price Performance

The company has a market capitalization of $8.51 billion, a P/E ratio of 11.74 and a beta of 0.67. The stock has a 50-day moving average price of $59.78 and a 200-day moving average price of $60.24.

Institutional Investors Weigh In On Avantis Emerging Markets Equity ETF

Several institutional investors have recently bought and sold shares of AVEM. POM Investment Strategies LLC bought a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter valued at approximately $26,000. Minot DeBlois Advisors LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $26,000. Tucker Asset Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $33,000. Webster Bank N. A. acquired a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $46,000. Finally, JFS Wealth Advisors LLC lifted its position in Avantis Emerging Markets Equity ETF by 543.8% during the first quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock worth $50,000 after buying an additional 696 shares in the last quarter.

Avantis Emerging Markets Equity ETF Company Profile

(Get Free Report)

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.

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