Advyzon Investment Management LLC Acquires 15,867 Shares of Avantis Emerging Markets Equity ETF $AVEM

Advyzon Investment Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 241.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,439 shares of the company’s stock after buying an additional 15,867 shares during the period. Advyzon Investment Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,685,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in Avantis Emerging Markets Equity ETF by 1,271.2% during 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 acquiring an additional 16,265,184 shares during the period. Envestnet Asset Management Inc. lifted its position in 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 purchasing an additional 2,483,487 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $170,265,000. PNC Financial Services Group Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 307.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,795,928 shares of the company’s stock valued at $123,093,000 after purchasing an additional 1,355,637 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 350.8% in the third quarter. JPMorgan Chase & Co. now owns 1,404,304 shares of the company’s stock worth $105,477,000 after purchasing an additional 1,092,814 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 2.3%

Shares of NYSEARCA AVEM opened at $88.29 on Friday. The firm’s fifty day moving average is $81.27 and its 200 day moving average is $77.07. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $88.31. The company has a market cap of $19.51 billion, a price-to-earnings 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.