The Avantis Emerging Markets Equity ETF (AVEM) experienced a notable inflow of approximately $316.4 million, marking a 1.3% increase in outstanding units from 264.9 million to 268.3 million. This shift was observed in the week leading up to the latest trading day.
As of the most recent trade, AVEM’s share price is $96.66, close to its 52-week high of $96.69. Over the past year, the ETF has a low of $63.91. Among its major holdings, Alphabet Inc. is trading flat, ASE Technology Holding Co Ltd is up 12.6%, and ICICI Bank Ltd has increased by 1.1%.
This analysis follows the typical trends in exchange-traded funds (ETFs) where shares are traded as units and adjusted based on investor demand. Significant inflows such as this often lead to adjustments in the ETF’s underlying assets.
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