Vise Technologies Inc. Purchases New Holdings in Avantis Emerging Markets Equity ETF $AVEM

Vise Technologies Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 220,082 shares of the company’s stock, valued at approximately $20,692,000. Vise Technologies Inc. owned approximately 0.07% of Avantis Emerging Markets Equity ETF as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AVEM. Bank of America Corp DE lifted its stake 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 acquiring an additional 8,908,264 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in Avantis Emerging Markets Equity ETF during the third quarter worth $248,060,000. PNC Financial Services Group Inc. grew its holdings in 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. Cetera Investment Advisers lifted its stake in shares of Avantis Emerging Markets Equity ETF by 13.3% during the first quarter. Cetera Investment Advisers now owns 1,868,208 shares of the company’s stock worth $150,540,000 after purchasing an additional 219,618 shares in the last quarter. Finally, Annex Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at $157,364,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $86.02 on Friday. Avantis Emerging Markets Equity ETF has a 12 month low of $73.79 and a 12 month high of $100.83. The firm has a market cap of $26.57 billion, a PE ratio of 12.66 and a beta of 0.75. The firm has a 50 day simple moving average of $93.09 and a 200 day simple moving average of $90.00.

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.