50,793 Shares in Avantis Emerging Markets Equity ETF $AVEM Purchased by Retirement Guys Formula LLC

Retirement Guys Formula LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 50,793 shares of the company’s stock, valued at approximately $3,815,000. Avantis Emerging Markets Equity ETF makes up about 1.3% of Retirement Guys Formula LLC’s investment portfolio, making the stock its 17th biggest position.

Other large investors have also modified their holdings of the company. Savant Capital LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 0.9% in the 2nd quarter. Savant Capital LLC now owns 17,904,707 shares of the company’s stock valued at $1,227,189,000 after purchasing an additional 157,957 shares in the last quarter. Bank of America Corp DE lifted its stake in Avantis Emerging Markets Equity ETF by 1,271.2% in the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock worth $1,202,511,000 after acquiring an additional 16,265,184 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 16.5% during the second quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock worth $1,200,426,000 after purchasing an additional 2,483,487 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Avantis Emerging Markets Equity ETF by 28.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,062,191 shares of the company’s stock valued at $209,883,000 after buying an additional 670,844 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in Avantis Emerging Markets Equity ETF by 13.9% in the second quarter. Cerity Partners LLC now owns 2,615,107 shares of the company’s stock valued at $179,714,000 after acquiring an additional 319,867 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.3%

NYSEARCA:AVEM opened at $77.02 on Friday. The company has a market capitalization of $14.29 billion, a PE 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 $78.76. The stock’s 50 day moving average price is $76.80 and its 200 day moving average price is $73.51.

About Avantis Emerging Markets Equity ETF

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.