Annex Advisory Services LLC Has $162.24 Million Position in Avantis Emerging Markets Equity ETF $AVEM

Annex Advisory Services LLC trimmed its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,106,433 shares of the company’s stock after selling 80,170 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 3.1% of Annex Advisory Services LLC’s portfolio, making the stock its 4th largest holding. Annex Advisory Services LLC owned about 0.97% of Avantis Emerging Markets Equity ETF worth $162,237,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AVEM. Bank of America Corp DE grew its holdings in 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 buying an additional 16,265,184 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $170,265,000. JPMorgan Chase & Co. grew its holdings in Avantis Emerging Markets Equity ETF by 350.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,404,304 shares of the company’s stock worth $105,477,000 after buying an additional 1,092,814 shares in the last quarter. BOKF NA boosted its stake in Avantis Emerging Markets Equity ETF by 9,498.3% during the 3rd quarter. BOKF NA now owns 861,253 shares of the company’s stock valued at $64,689,000 after purchasing an additional 852,280 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 47.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,263,134 shares of the company’s stock valued at $169,989,000 after purchasing an additional 724,811 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $88.14 on Wednesday. The stock has a fifty day moving average price of $83.81 and a two-hundred day moving average price of $79.93. The firm has a market cap of $22.44 billion, a P/E ratio of 12.66 and a beta of 0.67. Avantis Emerging Markets Equity ETF has a 1 year low of $57.29 and a 1 year high of $89.75.

Avantis Emerging Markets Equity ETF Company 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.