VeraBank N.A. raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 269,353 shares of the company’s stock after acquiring an additional 10,263 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 3.8% of VeraBank N.A.’s portfolio, making the stock its 8th biggest holding. VeraBank N.A.’s holdings in Avantis Emerging Markets Equity ETF were worth $20,746,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of AVEM. Bank of America Corp DE grew its position 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 valued at $1,202,511,000 after acquiring an additional 16,265,184 shares during the last quarter. Kestra Investment Management LLC grew its position 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 valued at $113,646,000 after acquiring an additional 1,435,866 shares during the last quarter. JPMorgan Chase & Co. grew its position 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 valued at $105,477,000 after acquiring an additional 1,092,814 shares during the last quarter. LPL Financial LLC grew its position in Avantis Emerging Markets Equity ETF by 39.6% during the fourth quarter. LPL Financial LLC now owns 3,740,586 shares of the company’s stock valued at $288,100,000 after acquiring an additional 1,061,034 shares during the last quarter. Finally, BOKF NA grew its position 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 valued at $64,689,000 after acquiring an additional 852,280 shares during the last quarter.
Avantis Emerging Markets Equity ETF Price Performance
Shares of NYSEARCA AVEM opened at $91.14 on Thursday. Avantis Emerging Markets Equity ETF has a one year low of $66.19 and a one year high of $99.67. The stock has a market capitalization of $23.77 billion, a P/E ratio of 12.66 and a beta of 0.73. The firm’s 50 day simple moving average is $90.74 and its two-hundred day simple moving average is $84.40.
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.
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