Hopwood Nicholas Hunter Makes New Investment in Avantis Emerging Markets Equity ETF $AVEM

Hopwood Nicholas Hunter purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 18,272 shares of the company’s stock, valued at approximately $1,763,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE increased 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 valued at $1,202,511,000 after acquiring an additional 16,265,184 shares during the period. Align Financial LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $528,227,000. Kestra Investment Management LLC boosted its holdings in 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 valued at $113,646,000 after purchasing an additional 1,435,866 shares in the last quarter. Maseco LLP bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at approximately $93,504,000. Finally, LPL Financial LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 39.6% in the 4th 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 Trading Up 1.5%

Shares of AVEM opened at $96.81 on Friday. The stock has a market cap of $27.55 billion, a PE ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 1 year low of $71.68 and a 1 year high of $100.83. The stock has a 50 day simple moving average of $92.57 and a 200-day simple moving average of $90.34.

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.