Independence Bank of Kentucky Has $2.94 Million Holdings in Avantis Emerging Markets Equity ETF $AVEM

Independence Bank of Kentucky increased its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 335.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 38,102 shares of the company’s stock after acquiring an additional 29,357 shares during the quarter. Independence Bank of Kentucky’s holdings in Avantis Emerging Markets Equity ETF were worth $2,935,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Capital Advisory LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $30,000. Team Financial Group LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after purchasing an additional 361 shares during the period. Tripletail Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $49,000. Spire Wealth Management raised its position in shares of Avantis Emerging Markets Equity ETF by 324.9% in the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after buying an additional 575 shares in the last quarter. Finally, Mather Group LLC. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $57,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $80.67 on Friday. The company has a market capitalization of $20.22 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $89.75. The business’s 50 day simple moving average is $83.67 and its 200 day simple moving average is $79.40.

Avantis Emerging Markets Equity ETF Profile

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.