Avantis Emerging Markets Equity ETF $AVEM Stake Raised by PW Advisors LLC FL

PW Advisors LLC FL increased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.4% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 71,177 shares of the company’s stock after buying an additional 6,110 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 4.3% of PW Advisors LLC FL’s portfolio, making the stock its 9th biggest position. PW Advisors LLC FL’s holdings in Avantis Emerging Markets Equity ETF were worth $5,735,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in Avantis Emerging Markets Equity ETF by 1,271.2% during the 2nd quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock valued at $1,202,511,000 after acquiring an additional 16,265,184 shares during the period. Align Financial LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth $528,227,000. Kestra Investment Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 3,618.9% during the fourth quarter. Kestra Investment Management LLC now owns 1,475,543 shares of the company’s stock worth $113,646,000 after purchasing an additional 1,435,866 shares during the last quarter. Maseco LLP acquired a new position in Avantis Emerging Markets Equity ETF during the first quarter valued at $93,504,000. Finally, LPL Financial LLC lifted its position in Avantis Emerging Markets Equity ETF by 39.6% during the fourth quarter. LPL Financial LLC now owns 3,740,586 shares of the company’s stock valued at $288,100,000 after purchasing an additional 1,061,034 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVEM opened at $93.54 on Thursday. The firm’s fifty day moving average is $94.22 and its two-hundred day moving average is $86.49. The firm has a market cap of $25.41 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a one year low of $68.15 and a one year high of $100.83.

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.