American Century Companies Inc. Has $170.65 Million Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

American Century Companies Inc. reduced its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,272,005 shares of the company’s stock after selling 158,088 shares during the quarter. American Century Companies Inc. owned approximately 1.22% of Avantis Emerging Markets Equity ETF worth $170,650,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Hantz Financial Services Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 2,366.7% during the second quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock worth $25,000 after purchasing an additional 355 shares during the period. American Capital Advisory LLC bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $30,000. Tripletail Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $49,000. Spire Wealth Management lifted its position in shares of Avantis Emerging Markets Equity ETF by 324.9% in the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after buying an additional 575 shares during the last quarter. Finally, Mather Group LLC. bought a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $57,000.

Avantis Emerging Markets Equity ETF Trading Down 0.2%

AVEM opened at $88.70 on Monday. The stock’s fifty day simple moving average is $82.61 and its 200 day simple moving average is $77.80. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $89.75. The stock has a market cap of $19.60 billion, a PE 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.