South Plains Financial Inc. Has $677,000 Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

South Plains Financial Inc. increased its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 720.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,012 shares of the company’s stock after purchasing an additional 7,914 shares during the quarter. South Plains Financial Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $677,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Betterment LLC lifted its stake in Avantis Emerging Markets Equity ETF by 7.0% in the 3rd quarter. Betterment LLC now owns 27,468 shares of the company’s stock worth $2,063,000 after purchasing an additional 1,796 shares in the last quarter. BOKF NA boosted its position in shares of Avantis Emerging Markets Equity ETF by 9,498.3% in the 3rd quarter. BOKF NA now owns 861,253 shares of the company’s stock worth $64,689,000 after purchasing an additional 852,280 shares during the last quarter. Tortoise Investment Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 0.3% in the 3rd quarter. Tortoise Investment Management LLC now owns 121,955 shares of the company’s stock valued at $9,160,000 after purchasing an additional 330 shares during the last quarter. UBS Group AG raised its stake in shares of Avantis Emerging Markets Equity ETF by 18.8% in the third quarter. UBS Group AG now owns 951,406 shares of the company’s stock valued at $71,460,000 after buying an additional 150,534 shares during the period. Finally, Bank of Montreal Can raised its stake in Avantis Emerging Markets Equity ETF by 9.2% during the 3rd quarter. Bank of Montreal Can now owns 1,567,393 shares of the company’s stock valued at $117,727,000 after buying an additional 132,555 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 2.9%

Shares of AVEM opened at $80.72 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $89.75. The firm has a market capitalization of $17.84 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The firm’s fifty day simple moving average is $83.71 and its 200-day simple moving average is $78.45.

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.