Natixis Advisors LLC Increases Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Natixis Advisors LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 40.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 96,311 shares of the company’s stock after acquiring an additional 27,514 shares during the quarter. Natixis Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,418,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of AVEM. Bank of America Corp DE boosted its stake in Avantis Emerging Markets Equity ETF by 1,271.2% during the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock worth $1,202,511,000 after buying an additional 16,265,184 shares during the period. Kestra Investment Management LLC boosted its stake in Avantis Emerging Markets Equity ETF by 3,618.9% during the fourth quarter. Kestra Investment Management LLC now owns 1,475,543 shares of the company’s stock worth $113,646,000 after buying an additional 1,435,866 shares during the period. JPMorgan Chase & Co. boosted its stake in Avantis Emerging Markets Equity ETF by 350.8% during the third quarter. JPMorgan Chase & Co. now owns 1,404,304 shares of the company’s stock worth $105,477,000 after buying an additional 1,092,814 shares during the period. BOKF NA boosted its stake in Avantis Emerging Markets Equity ETF by 9,498.3% during the third quarter. BOKF NA now owns 861,253 shares of the company’s stock worth $64,689,000 after buying an additional 852,280 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 29.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,628,408 shares of the company’s stock valued at $279,460,000 after purchasing an additional 827,325 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $91.23 on Monday. The firm has a 50 day simple moving average of $89.90 and a 200-day simple moving average of $84.04. Avantis Emerging Markets Equity ETF has a one year low of $66.19 and a one year high of $99.67. The firm has a market cap of $23.79 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

Avantis Emerging Markets Equity ETF Company 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.