Avantis Emerging Markets Equity ETF $AVEM Shares Newly Acquired by Nottingham Advisors Inc.

Nottingham Advisors Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 108,933 shares of the company’s stock, valued at approximately $10,259,000. Avantis Emerging Markets Equity ETF comprises 1.3% of Nottingham Advisors Inc.’s investment portfolio, making the stock its 23rd biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVEM. Bank of America Corp DE boosted its stake in shares of Avantis Emerging Markets Equity ETF by 45.1% in the 1st quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock valued at $2,310,765,000 after purchasing an additional 8,908,264 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $248,060,000. Annex Advisory Services LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $157,364,000. BOKF NA bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $152,097,000. Finally, Parallel Advisors LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 1,654.5% in the first quarter. Parallel Advisors LLC now owns 760,155 shares of the company’s stock valued at $61,253,000 after buying an additional 716,830 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $85.98 on Tuesday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $73.79 and a fifty-two week high of $100.83. The firm has a market capitalization of $26.56 billion, a P/E ratio of 12.66 and a beta of 0.75. The company’s 50 day simple moving average is $92.93 and its 200 day simple moving average is $90.03.

Avantis Emerging Markets Equity ETF 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.