297,263 Shares in Avantis Emerging Markets Equity ETF $AVEM Bought by ACT Advisors LLC.

ACT Advisors LLC. bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the third quarter, according to its most recent filing with the SEC. The firm bought 297,263 shares of the company’s stock, valued at approximately $22,327,000. Avantis Emerging Markets Equity ETF comprises 9.0% of ACT Advisors LLC.’s holdings, making the stock its 4th biggest holding. ACT Advisors LLC. owned approximately 0.16% of Avantis Emerging Markets Equity ETF at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 19.5% during the first quarter. Raymond James Financial Inc. now owns 325,781 shares of the company’s stock valued at $19,602,000 after acquiring an additional 53,274 shares during the period. Capital Analysts LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 114.3% during the 1st quarter. Capital Analysts LLC now owns 16,541 shares of the company’s stock worth $995,000 after purchasing an additional 8,823 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 27.9% during the 1st quarter. Ameriprise Financial Inc. now owns 958,469 shares of the company’s stock worth $57,657,000 after purchasing an additional 209,337 shares during the last quarter. Compound Planning Inc. bought a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter valued at approximately $734,000. Finally, Kestra Advisory Services LLC boosted its stake in Avantis Emerging Markets Equity ETF by 8.1% during the 1st quarter. Kestra Advisory Services LLC now owns 22,190 shares of the company’s stock valued at $1,335,000 after purchasing an additional 1,657 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 1.1%

Shares of NYSEARCA AVEM opened at $75.89 on Friday. The business’s 50 day moving average is $76.63 and its two-hundred day moving average is $72.88. The company has a market cap of $14.08 billion, a P/E 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.

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.