Fifth Third Bancorp grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 34.8% in the third quarter, HoldingsChannel.com reports. The firm owned 1,591,332 shares of the company’s stock after buying an additional 410,593 shares during the quarter. Fifth Third Bancorp’s holdings in Avantis Emerging Markets Equity ETF were worth $149,617,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. JFS Wealth Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after buying an additional 111 shares during the period. Glenmede Trust Co. NA bought a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter valued at $31,000. Investors Research Corp bought a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $39,000. Barrett & Company Inc. bought a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $42,000. Finally, First Community Trust NA raised its holdings in Avantis Emerging Markets Equity ETF by 136.9% during the 2nd quarter. First Community Trust NA now owns 443 shares of the company’s stock valued at $43,000 after buying an additional 256 shares during the last quarter.
Avantis Emerging Markets Equity ETF Stock Up 2.3%
Shares of AVEM opened at $87.10 on Thursday. The stock has a market capitalization of $27.36 billion, a P/E ratio of 10.99 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a twelve month low of $73.79 and a twelve month high of $100.83. The firm has a fifty day simple moving average of $91.62 and a two-hundred day simple moving average of $90.15.
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.
See Also
- Five stocks we like better than Avantis Emerging Markets Equity ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Want to see what other hedge funds are holding AVEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report).
Receive News & Ratings for Avantis Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantis Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
