Great Valley Advisor Group Inc. Buys 56,082 Shares of Avantis Emerging Markets Equity ETF $AVEM

Great Valley Advisor Group Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 865,913 shares of the company’s stock after purchasing an additional 56,082 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 1.3% of Great Valley Advisor Group Inc.’s portfolio, making the stock its 12th largest holding. Great Valley Advisor Group Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $66,692,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted 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 period. Mercer Global Advisors Inc. ADV boosted 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 period. LPL Financial LLC boosted its position in Avantis Emerging Markets Equity ETF by 39.6% during the fourth quarter. LPL Financial LLC now owns 3,740,586 shares of the company’s stock worth $288,100,000 after purchasing an additional 1,061,034 shares during the period. Northwestern Mutual Wealth Management Co. boosted 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 period. Finally, Cerity Partners LLC boosted its position in Avantis Emerging Markets Equity ETF by 7.4% during the fourth quarter. Cerity Partners LLC now owns 2,886,258 shares of the company’s stock worth $223,341,000 after purchasing an additional 199,045 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 4.6%

Shares of Avantis Emerging Markets Equity ETF stock opened at $95.32 on Friday. The stock has a market capitalization of $24.86 billion, a P/E ratio of 12.66 and a beta of 0.73. The stock has a 50 day moving average price of $91.03 and a two-hundred day moving average price of $84.54. Avantis Emerging Markets Equity ETF has a 12-month low of $66.19 and a 12-month high of $99.67.

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.