Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 119.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 254,911 shares of the company’s stock after buying an additional 138,694 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.12% of Avantis Emerging Markets Equity ETF worth $19,633,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in AVEM. Asempa Wealth Advisors purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth about $939,000. Breakwater Capital Group raised its holdings in Avantis Emerging Markets Equity ETF by 14.8% in the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock valued at $4,045,000 after buying an additional 6,774 shares during the period. ACT Advisors LLC. raised its holdings in Avantis Emerging Markets Equity ETF by 3.4% in the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after buying an additional 10,245 shares during the period. Greenwood Capital Associates LLC lifted its position in Avantis Emerging Markets Equity ETF by 24.5% during the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock valued at $3,870,000 after buying an additional 9,895 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc lifted its position in Avantis Emerging Markets Equity ETF by 16.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock valued at $18,010,000 after buying an additional 32,228 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 5.5%

Shares of AVEM stock opened at $94.70 on Wednesday. The company has a market cap of $24.70 billion, a PE ratio of 12.66 and a beta of 0.73. The company’s fifty day simple moving average is $93.42 and its 200-day simple moving average is $85.74. Avantis Emerging Markets Equity ETF has a 52 week low of $67.14 and a 52 week high of $100.83.

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.