Avantis Emerging Markets Equity ETF $AVEM Shares Newly Bought by CENTRAL TRUST Co

CENTRAL TRUST Co bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 115,908 shares of the company’s stock, valued at approximately $10,898,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Baird Financial Group Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 135.1% during the second quarter. Baird Financial Group Inc. now owns 146,030 shares of the company’s stock valued at $14,090,000 after buying an additional 83,919 shares during the last quarter. Brickley Wealth Management boosted its stake in shares of Avantis Emerging Markets Equity ETF by 6.1% during the 3rd quarter. Brickley Wealth Management now owns 130,142 shares of the company’s stock worth $12,236,000 after acquiring an additional 7,524 shares during the last quarter. Independence Bank of Kentucky boosted its stake in shares of Avantis Emerging Markets Equity ETF by 39.3% during the 2nd quarter. Independence Bank of Kentucky now owns 81,226 shares of the company’s stock worth $7,837,000 after acquiring an additional 22,913 shares during the last quarter. Cahill Financial Advisors Inc. grew its position in shares of Avantis Emerging Markets Equity ETF by 4.3% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 157,737 shares of the company’s stock valued at $15,220,000 after acquiring an additional 6,475 shares during the period. Finally, Evanson Financial LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter valued at $940,000.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $87.10 on Thursday. The firm has a market capitalization of $27.36 billion, a price-to-earnings ratio of 10.99 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a one year low of $73.79 and a one year high of $100.83. The business has a fifty day moving average price of $91.62 and a 200-day moving average price of $90.15.

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.