Greenwood Capital Associates LLC Grows Holdings in Avantis Emerging Markets Equity ETF $AVEM

Greenwood Capital Associates LLC boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 15.8% during the first quarter, Holdings Channel.com reports. The fund owned 58,191 shares of the company’s stock after acquiring an additional 7,950 shares during the quarter. Greenwood Capital Associates LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,689,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its position in shares of Avantis Emerging Markets Equity ETF by 4.9% during the 3rd quarter. Bank of America Corp DE now owns 18,412,368 shares of the company’s stock valued at $1,382,953,000 after purchasing an additional 867,710 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Avantis Emerging Markets Equity ETF by 4.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,627,411 shares of the company’s stock worth $741,503,000 after buying an additional 418,018 shares during the period. Align Financial LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter worth $528,227,000. Wells Fargo & Company MN raised its holdings in Avantis Emerging Markets Equity ETF by 17.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,675,729 shares of the company’s stock valued at $437,145,000 after acquiring an additional 837,069 shares during the period. Finally, Morgan Stanley raised its holdings in Avantis Emerging Markets Equity ETF by 12.6% during the fourth quarter. Morgan Stanley now owns 5,659,671 shares of the company’s stock valued at $435,908,000 after acquiring an additional 631,367 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.7%

Shares of Avantis Emerging Markets Equity ETF stock opened at $93.24 on Thursday. The company has a market capitalization of $25.59 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The stock’s 50-day simple moving average is $94.63 and its 200-day simple moving average is $87.12. Avantis Emerging Markets Equity ETF has a 52 week low of $68.27 and a 52 week high of $100.83.

About Avantis Emerging Markets Equity ETF

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.