Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 181.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,354 shares of the company’s stock after purchasing an additional 11,838 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $1,414,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Bank of America Corp DE increased its stake in 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 in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Avantis Emerging Markets Equity ETF by 3.4% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,209,393 shares of the company’s stock valued at $691,717,000 after purchasing an additional 304,731 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Avantis Emerging Markets Equity ETF by 29.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,628,408 shares of the company’s stock valued at $279,460,000 after purchasing an additional 827,325 shares in the last quarter. Vantagepoint Investment Advisers LLC increased its stake in Avantis Emerging Markets Equity ETF by 3.5% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 2,345,197 shares of the company’s stock valued at $180,627,000 after purchasing an additional 78,326 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in Avantis Emerging Markets Equity ETF by 5.9% during the 3rd quarter. HighTower Advisors LLC now owns 2,263,581 shares of the company’s stock valued at $170,017,000 after purchasing an additional 126,853 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.6%

Shares of Avantis Emerging Markets Equity ETF stock opened at $92.69 on Wednesday. Avantis Emerging Markets Equity ETF has a 12-month low of $66.19 and a 12-month high of $99.67. The firm has a market capitalization of $24.17 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The firm’s 50 day simple moving average is $90.47 and its two-hundred day simple moving average is $84.28.

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.