Caprock Group LLC Acquires Shares of 7,706 Avantis Emerging Markets Equity ETF $AVEM

Caprock Group LLC acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 7,706 shares of the company’s stock, valued at approximately $548,000.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE raised its stake in Avantis Emerging Markets Equity ETF by 1,271.2% in the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock valued at $1,202,511,000 after purchasing an additional 16,265,184 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 16.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock valued at $1,200,426,000 after buying an additional 2,483,487 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $170,265,000. PNC Financial Services Group Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 307.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,795,928 shares of the company’s stock worth $123,093,000 after acquiring an additional 1,355,637 shares during the period. Finally, Midwest Trust Co acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth approximately $47,678,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $86.09 on Wednesday. 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 market capitalization of $19.03 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The company’s 50 day simple moving average is $80.68 and its 200 day simple moving average is $76.81.

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.