Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Breakwater Capital Group

Breakwater Capital Group boosted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 69,083 shares of the company’s stock after acquiring an additional 7,218 shares during the period. Breakwater Capital Group’s holdings in Avantis Emerging Markets Equity ETF were worth $6,495,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in Avantis Emerging Markets Equity ETF by 45.1% in the first quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock worth $2,310,765,000 after purchasing an additional 8,908,264 shares during the period. Align Financial LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at $528,227,000. PNC Financial Services Group Inc. grew its holdings 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 valued at $187,732,000 after buying an additional 131,390 shares during the period. MML Investors Services LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 9.5% in the 4th quarter. MML Investors Services LLC now owns 1,972,171 shares of the company’s stock valued at $151,897,000 after buying an additional 171,532 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Avantis Emerging Markets Equity ETF by 13.3% during the 1st quarter. Cetera Investment Advisers now owns 1,868,208 shares of the company’s stock worth $150,540,000 after buying an additional 219,618 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 1.8%

AVEM stock opened at $93.24 on Friday. The business’s 50-day moving average price is $94.10 and its two-hundred day moving average price is $92.13. The firm has a market cap of $28.16 billion, a PE ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 1-year low of $72.94 and a 1-year high of $100.83.

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.