American Century Companies Inc. Acquires 499,860 Shares of Avantis Emerging Markets Equity ETF $AVEM

American Century Companies Inc. increased its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 25.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,430,093 shares of the company’s stock after purchasing an additional 499,860 shares during the quarter. American Century Companies Inc. owned approximately 1.48% of Avantis Emerging Markets Equity ETF worth $166,559,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Savant Capital LLC lifted its holdings in shares of 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 worth $1,227,189,000 after buying an additional 157,957 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 16.5% in 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 acquiring an additional 2,483,487 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Avantis Emerging Markets Equity ETF by 15.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock valued at $143,887,000 after acquiring an additional 319,437 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 307.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,795,928 shares of the company’s stock worth $123,093,000 after purchasing an additional 1,355,637 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 10.0% during the 1st quarter. LPL Financial LLC now owns 1,471,607 shares of the company’s stock valued at $88,547,000 after purchasing an additional 133,886 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.1%

Shares of AVEM stock opened at $74.82 on Monday. The stock has a market capitalization of $13.88 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $78.76. The stock’s 50-day moving average price is $76.17 and its 200-day moving average price is $71.29.

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.