Fifth Third Bancorp Has $39.76 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Fifth Third Bancorp increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 529,303 shares of the company’s stock after purchasing an additional 34,251 shares during the quarter. Fifth Third Bancorp owned approximately 0.29% of Avantis Emerging Markets Equity ETF worth $39,756,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of AVEM. Fortress Financial Solutions LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 2.6% during the 3rd quarter. Fortress Financial Solutions LLC now owns 5,145 shares of the company’s stock valued at $386,000 after acquiring an additional 131 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 2.2% during the third quarter. J.W. Cole Advisors Inc. now owns 6,516 shares of the company’s stock worth $489,000 after purchasing an additional 139 shares during the period. Telos Capital Management Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 1.7% during the third quarter. Telos Capital Management Inc. now owns 12,815 shares of the company’s stock worth $963,000 after purchasing an additional 210 shares during the period. Freedom Investment Management Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 2.9% during the second quarter. Freedom Investment Management Inc. now owns 7,595 shares of the company’s stock valued at $521,000 after purchasing an additional 216 shares in the last quarter. Finally, Hardin Capital Partners LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 2.1% in the 3rd quarter. Hardin Capital Partners LLC now owns 13,578 shares of the company’s stock valued at $1,020,000 after purchasing an additional 275 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 0.4%

Shares of AVEM opened at $86.27 on Tuesday. The stock has a market cap of $19.07 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $87.56. The stock has a 50 day simple moving average of $80.50 and a 200-day simple moving average of $76.69.

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.