Great Valley Advisor Group Inc. Has $66.69 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Great Valley Advisor Group Inc. grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 865,913 shares of the company’s stock after purchasing an additional 56,082 shares during the period. Avantis Emerging Markets Equity ETF comprises 1.3% of Great Valley Advisor Group Inc.’s portfolio, making the stock its 12th largest holding. Great Valley Advisor Group Inc. owned about 0.39% of Avantis Emerging Markets Equity ETF worth $66,692,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in AVEM. Bank of America Corp DE increased its holdings in shares of 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 period. Kestra Investment Management LLC increased its holdings in shares of 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 purchasing an additional 1,435,866 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 350.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,404,304 shares of the company’s stock valued at $105,477,000 after purchasing an additional 1,092,814 shares during the period. LPL Financial LLC increased its holdings 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. Finally, BOKF NA increased its holdings in shares of Avantis Emerging Markets Equity ETF by 9,498.3% in the 3rd quarter. BOKF NA now owns 861,253 shares of the company’s stock valued at $64,689,000 after purchasing an additional 852,280 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $95.32 on Friday. The company has a market capitalization of $24.86 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a fifty-two week low of $66.19 and a fifty-two week high of $99.67. The business’s 50-day moving average is $91.03 and its 200-day moving average is $84.54.

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.