CoreCap Advisors LLC Purchases 13,998 Shares of Avantis Emerging Markets Equity ETF $AVEM

CoreCap Advisors LLC grew its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 38.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,065 shares of the company’s stock after acquiring an additional 13,998 shares during the quarter. CoreCap Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,856,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE increased 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 worth $1,202,511,000 after purchasing an additional 16,265,184 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $170,265,000. JPMorgan Chase & Co. raised its position in 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 acquiring an additional 1,092,814 shares during the period. BOKF NA raised its holdings in shares of Avantis Emerging Markets Equity ETF by 9,498.3% in the 3rd quarter. BOKF NA now owns 861,253 shares of the company’s stock worth $64,689,000 after purchasing an additional 852,280 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 47.1% in the third quarter. Ameriprise Financial Inc. now owns 2,263,134 shares of the company’s stock valued at $169,989,000 after buying an additional 724,811 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.2%

NYSEARCA AVEM opened at $78.60 on Friday. The company has a market cap of $17.37 billion, a PE ratio of 12.66 and a beta of 0.68. The firm’s 50-day simple moving average is $83.83 and its two-hundred day simple moving average is $79.16. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $89.75.

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.