The Avantis Emerging Markets Equity ETF (AVEM) experienced a significant inflow of approximately $299.2 million, marking a 1.3% week-over-week increase in outstanding units, rising from 254.6 million to 258 million units. This data was reported this week, highlighting investor demand for the ETF.
Among the largest holdings, Alibaba Group (BABA) rose by 1.1%, ICICI Bank (IBN) fell by 0.7%, and AngloGold Ashanti (AU) increased by 1.4%. The ETF’s current trading price stands at $89.49, positioned close to its 52-week high of $90.685 and above its low of $59.4701.
The recent activity in AVEM underscores notable investor interest, potentially impacting its underlying components as demand for the ETF grows.
