Kavar Capital Partners Group LLC Has $12.58 Million Position in Avantis Emerging Markets Equity ETF $AVEM

Kavar Capital Partners Group LLC boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 167,490 shares of the company’s stock after buying an additional 9,371 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 1.7% of Kavar Capital Partners Group LLC’s investment portfolio, making the stock its 13th largest position. Kavar Capital Partners Group LLC owned 0.09% of Avantis Emerging Markets Equity ETF worth $12,580,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in AVEM. Bank of America Corp DE raised its stake in shares of Avantis Emerging Markets Equity ETF by 1,271.2% during 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 acquiring an additional 16,265,184 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 16.5% in the second quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock valued at $1,200,426,000 after purchasing an additional 2,483,487 shares during the period. PNC Financial Services Group Inc. raised its position in 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 purchasing an additional 1,355,637 shares during the last quarter. Maseco LLP acquired a new position in Avantis Emerging Markets Equity ETF during the 2nd quarter worth about $74,121,000. Finally, Midwest Trust Co bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at about $47,678,000.

Avantis Emerging Markets Equity ETF Trading Up 0.6%

Shares of AVEM stock opened at $77.30 on Monday. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $78.76. The stock has a market cap of $14.34 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The stock has a 50-day moving average of $76.76 and a 200-day moving average of $73.33.

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.