The Avantis Emerging Markets Equity ETF (Symbol: AVEM) has experienced a significant inflow of approximately $192.2 million, marking a 1.8% weekly increase in outstanding units from 154.2 million to 157 million. This inflow indicates a growing investor interest in Avantis, occurring during a trading day where major components like Alibaba (Symbol: BABA) dropped 2.2% and NetEase (Symbol: NTES) fell 1.5%, while ICICI Bank (Symbol: IBN) showed a slight increase of 0.1%.
AVEM’s recent share price is $68.56, situated between a 52-week low of $52.52 and a high of $68.7761. Moreover, the performance can be visually assessed against its 200-day moving average, a key technical analysis tool.