CENTRAL TRUST Co Boosts Stock Position in Avantis Emerging Markets Equity ETF $AVEM

CENTRAL TRUST Co boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 83.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,698 shares of the company’s stock after acquiring an additional 21,682 shares during the quarter. CENTRAL TRUST Co’s holdings in Avantis Emerging Markets Equity ETF were worth $3,583,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of AVEM. Savant Capital LLC grew its position in Avantis Emerging Markets Equity ETF by 3.2% in the 3rd quarter. Savant Capital LLC now owns 18,469,078 shares of the company’s stock valued at $1,387,215,000 after buying an additional 564,371 shares during the last quarter. Bank of America Corp DE lifted its stake 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 worth $1,202,511,000 after acquiring an additional 16,265,184 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 16.5% in the second 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 in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Avantis Emerging Markets Equity ETF by 28.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,062,191 shares of the company’s stock worth $209,883,000 after acquiring an additional 670,844 shares during the period. Finally, Cerity Partners LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 2.8% during the third quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock worth $202,061,000 after acquiring an additional 72,106 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.4%

Shares of NYSEARCA:AVEM opened at $86.27 on Friday. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $87.56. The company has a 50-day moving average price of $80.31 and a 200 day moving average price of $76.47. The company has a market cap of $19.07 billion, a P/E ratio of 12.66 and a beta of 0.68.

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.