Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC increased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 40.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 96,311 shares of the company’s stock after purchasing an additional 27,514 shares during the period. Natixis Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,418,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE increased its position in Avantis Emerging Markets Equity ETF by 4.9% during the third quarter. Bank of America Corp DE now owns 18,412,368 shares of the company’s stock worth $1,382,953,000 after purchasing an additional 867,710 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in Avantis Emerging Markets Equity ETF by 3.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 9,209,393 shares of the company’s stock worth $691,717,000 after purchasing an additional 304,731 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Avantis Emerging Markets Equity ETF by 29.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,628,408 shares of the company’s stock worth $279,460,000 after purchasing an additional 827,325 shares during the last quarter. Vantagepoint Investment Advisers LLC increased its position in Avantis Emerging Markets Equity ETF by 3.5% during the fourth quarter. Vantagepoint Investment Advisers LLC now owns 2,345,197 shares of the company’s stock worth $180,627,000 after purchasing an additional 78,326 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in Avantis Emerging Markets Equity ETF by 5.9% during the third quarter. HighTower Advisors LLC now owns 2,263,581 shares of the company’s stock worth $170,017,000 after purchasing an additional 126,853 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $91.23 on Monday. The firm has a market cap of $23.79 billion, a PE ratio of 12.66 and a beta of 0.73. The company has a 50-day moving average of $89.90 and a two-hundred day moving average of $84.04. Avantis Emerging Markets Equity ETF has a 1-year low of $66.19 and a 1-year high of $99.67.

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.