Avantis Emerging Markets Equity ETF $AVEM Stock Position Raised by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 71.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,140 shares of the company’s stock after acquiring an additional 16,295 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,940,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Savant Capital LLC lifted its stake in Avantis Emerging Markets Equity ETF by 0.9% in the second quarter. Savant Capital LLC now owns 17,904,707 shares of the company’s stock valued at $1,227,189,000 after buying an additional 157,957 shares during the last quarter. Bank of America Corp DE lifted its position in Avantis Emerging Markets Equity ETF by 1,271.2% in 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 purchasing an additional 16,265,184 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 16.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock valued at $1,200,426,000 after purchasing an additional 2,483,487 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Avantis Emerging Markets Equity ETF by 28.1% during 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 purchasing an additional 670,844 shares during the period. Finally, Cerity Partners LLC grew its position in Avantis Emerging Markets Equity ETF by 2.8% in the 3rd quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock worth $202,061,000 after purchasing an additional 72,106 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.5%

AVEM opened at $82.66 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $85.65. The stock has a market cap of $18.27 billion, a PE ratio of 12.66 and a beta of 0.68. The business’s 50 day moving average is $79.24 and its 200-day moving average is $75.83.

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.