Comerica Bank Has $4.37 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Comerica Bank increased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 14.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,708 shares of the company’s stock after purchasing an additional 7,284 shares during the quarter. Comerica Bank’s holdings in Avantis Emerging Markets Equity ETF were worth $4,368,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AVEM. American Capital Advisory LLC bought a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $30,000. Team Financial Group LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after acquiring an additional 361 shares during the period. Spire Wealth Management increased its position in Avantis Emerging Markets Equity ETF by 324.9% in the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after purchasing an additional 575 shares during the period. Mather Group LLC. bought a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth about $57,000. Finally, Blue Trust Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 306.3% during the 3rd quarter. Blue Trust Inc. now owns 780 shares of the company’s stock worth $59,000 after purchasing an additional 588 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.2%

Avantis Emerging Markets Equity ETF stock opened at $90.53 on Friday. The company has a market cap of $23.61 billion, a PE ratio of 12.66 and a beta of 0.72. Avantis Emerging Markets Equity ETF has a 1 year low of $61.57 and a 1 year high of $91.31. The company’s 50-day moving average is $84.65 and its two-hundred day moving average is $81.03.

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.