Daviman Financial LLC Purchases 12,663 Shares of Avantis Emerging Markets Equity ETF $AVEM

Daviman Financial LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 33.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,059 shares of the company’s stock after purchasing an additional 12,663 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 2.4% of Daviman Financial LLC’s holdings, making the stock its 17th largest holding. Daviman Financial LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,034,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of Avantis Emerging Markets Equity ETF by 1,271.2% during 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 buying an additional 16,265,184 shares during the period. Align Financial LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $528,227,000. Kestra Investment Management LLC raised its position in Avantis Emerging Markets Equity ETF by 3,618.9% in the 4th quarter. Kestra Investment Management LLC now owns 1,475,543 shares of the company’s stock valued at $113,646,000 after buying an additional 1,435,866 shares during the last quarter. Maseco LLP bought a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter valued at approximately $93,504,000. Finally, LPL Financial LLC lifted its stake in 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 acquiring an additional 1,061,034 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 1.5%

NYSEARCA:AVEM opened at $96.49 on Wednesday. The company has a market cap of $25.16 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a twelve month low of $68.15 and a twelve month high of $100.83. The business has a 50 day moving average price of $94.13 and a two-hundred day moving average price of $86.38.

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.