The Avantis Emerging Markets Equity ETF (AVEM) experienced a significant inflow of approximately $248 million, resulting in a 1.1% increase in outstanding shares, rising from 258 million to 260.8 million units week-over-week. This change highlights a growing investor interest in emerging markets.
As of the latest trading session, AVEM’s price stood at $89.14, positioned between its 52-week low of $60.47 and high of $90.68. Among its largest underlying assets, Alibaba Group (BABA) declined by 0.3%, ASE Technology Holding Co (ASX) fell 0.4%, while ICICI Bank (IBN) rose 0.6%.
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