125,765 Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Choreo LLC

Choreo LLC lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2,690.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 130,439 shares of the company’s stock after acquiring an additional 125,765 shares during the quarter. Choreo LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $12,264,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in Avantis Emerging Markets Equity ETF by 45.1% during the 1st 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 in the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at $248,060,000. PNC Financial Services Group Inc. increased its holdings in shares of 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 acquiring an additional 131,390 shares during the last quarter. Cetera Investment Advisers raised its holdings in 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 during the 3rd quarter worth $157,364,000.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $88.41 on Friday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $73.79 and a fifty-two week high of $100.83. The stock has a 50-day simple moving average of $93.24 and a 200-day simple moving average of $89.98. The company has a market capitalization of $27.22 billion, a P/E ratio of 12.66 and a beta of 0.75.

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.