Savant Capital LLC Acquires 564,371 Shares of Avantis Emerging Markets Equity ETF $AVEM

Savant Capital LLC grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,469,078 shares of the company’s stock after purchasing an additional 564,371 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 7.3% of Savant Capital LLC’s holdings, making the stock its biggest holding. Savant Capital LLC owned about 9.97% of Avantis Emerging Markets Equity ETF worth $1,387,215,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of AVEM. Hantz Financial Services Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 2,366.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock worth $25,000 after acquiring an additional 355 shares during the period. American Capital Advisory LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth $30,000. Tripletail Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $49,000. Spire Wealth Management increased its holdings 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 valued at $56,000 after purchasing an additional 575 shares during the last quarter. Finally, Mather Group LLC. bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Trading Up 0.6%

NYSEARCA:AVEM opened at $83.86 on Wednesday. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $85.65. The firm has a market capitalization of $18.52 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The business’s 50-day moving average price is $78.98 and its two-hundred day moving average price is $75.73.

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.