Avantis Emerging Markets Equity ETF $AVEM Stock Position Lifted by Signature Equity Partners LLC

Signature Equity Partners LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6,276.4% during the first quarter, Holdings Channel.com reports. The firm owned 8,098 shares of the company’s stock after buying an additional 7,971 shares during the quarter. Signature Equity Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $653,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Alpha Financial Partners LLC bought a new position in Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $343,000. Fortis Capital Management LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 190.2% during the 1st quarter. Fortis Capital Management LLC now owns 20,284 shares of the company’s stock worth $1,635,000 after buying an additional 13,294 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 6.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,760 shares of the company’s stock worth $187,732,000 after acquiring an additional 131,390 shares during the period. HORAN Wealth LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter worth approximately $14,071,000. Finally, Glenview Trust Co boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 106.7% in the first quarter. Glenview Trust Co now owns 60,913 shares of the company’s stock valued at $4,908,000 after acquiring an additional 31,443 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $91.59 on Thursday. Avantis Emerging Markets Equity ETF has a 12 month low of $68.27 and a 12 month high of $100.83. The firm has a market capitalization of $25.51 billion, a PE ratio of 12.66 and a beta of 0.73. The company’s 50 day simple moving average is $94.39 and its 200 day simple moving average is $88.16.

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.