Avantis Emerging Markets Equity ETF $AVEM Stock Purchased by Visionary Horizons LLC

Visionary Horizons LLC raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 146,454 shares of the company’s stock after purchasing an additional 7,443 shares during the period. Avantis Emerging Markets Equity ETF accounts for 5.7% of Visionary Horizons LLC’s investment portfolio, making the stock its 4th largest holding. Visionary Horizons LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $13,770,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of AVEM. Bank of America Corp DE grew its stake in shares of Avantis Emerging Markets Equity ETF by 45.1% during the first quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock worth $2,310,765,000 after purchasing an additional 8,908,264 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 6.0% in the first quarter. PNC Financial Services Group Inc. now owns 2,329,760 shares of the company’s stock valued at $187,732,000 after buying an additional 131,390 shares during the last quarter. Cetera Investment Advisers raised its stake in Avantis Emerging Markets Equity ETF by 13.3% in the first quarter. Cetera Investment Advisers now owns 1,868,208 shares of the company’s stock valued at $150,540,000 after buying an additional 219,618 shares in the last quarter. Annex Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at $157,364,000. Finally, Maseco LLP acquired a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at $93,504,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $87.24 on Friday. The company has a market capitalization of $26.77 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. The business has a 50-day moving average of $93.83 and a two-hundred day moving average of $92.87. Avantis Emerging Markets Equity ETF has a 1 year low of $73.79 and a 1 year high of $100.83.

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.