Lifelong Wealth Advisors Inc. Acquires New Shares in Avantis Emerging Markets Equity ETF $AVEM

Lifelong Wealth Advisors Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 36,389 shares of the company’s stock, valued at approximately $2,803,000. Avantis Emerging Markets Equity ETF comprises about 0.7% of Lifelong Wealth Advisors Inc.’s portfolio, making the stock its 25th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Savant Capital LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 3.2% during the 3rd quarter. Savant Capital LLC now owns 18,469,078 shares of the company’s stock worth $1,387,215,000 after purchasing an additional 564,371 shares during the last quarter. Bank of America Corp DE boosted its stake in Avantis Emerging Markets Equity ETF by 4.9% during the third quarter. Bank of America Corp DE now owns 18,412,368 shares of the company’s stock worth $1,382,953,000 after buying an additional 867,710 shares during the period. Mercer Global Advisors Inc. ADV increased its position in shares of Avantis Emerging Markets Equity ETF by 3.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 9,209,393 shares of the company’s stock valued at $691,717,000 after acquiring an additional 304,731 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Avantis Emerging Markets Equity ETF by 28.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,062,191 shares of the company’s stock valued at $209,883,000 after acquiring an additional 670,844 shares during the period. Finally, Cerity Partners LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 2.8% in the 3rd quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock valued at $202,061,000 after acquiring an additional 72,106 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVEM opened at $80.28 on Wednesday. The stock has a market capitalization of $17.74 billion, a P/E ratio of 12.66 and a beta of 0.68. The company has a 50 day moving average price of $83.93 and a 200 day moving average price of $79.11. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $89.75.

About Avantis Emerging Markets Equity ETF

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.