Truist Financial Corp increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 3,397.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 274,363 shares of the company’s stock after purchasing an additional 266,518 shares during the period. Truist Financial Corp owned approximately 0.15% of Avantis Emerging Markets Equity ETF worth $20,607,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Hantz Financial Services Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 2,366.7% in the second quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock valued at $25,000 after buying an additional 355 shares in the last quarter. American Capital Advisory LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $30,000. Tripletail Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $49,000. Spire Wealth Management lifted its position in Avantis Emerging Markets Equity ETF by 324.9% in the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after acquiring an additional 575 shares in the last quarter. Finally, Mather Group LLC. acquired a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $57,000.
Avantis Emerging Markets Equity ETF Stock Performance
Shares of AVEM opened at $83.16 on Friday. The firm has a market capitalization of $18.32 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $85.65. The stock has a 50 day moving average price of $78.67 and a two-hundred day moving average price of $75.46.
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.
See Also
- Five stocks we like better than Avantis Emerging Markets Equity ETF
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
- The Crash Has Already Started (Most Just Don’t See It Yet)
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.
