Vantagepoint Investment Advisers LLC Acquires 2,638,372 Shares of Avantis Emerging Markets Equity ETF $AVEM

Vantagepoint Investment Advisers LLC bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the third quarter, according to its most recent filing with the SEC. The firm bought 2,638,372 shares of the company’s stock, valued at approximately $248,060,000. Avantis Emerging Markets Equity ETF comprises 1.9% of Vantagepoint Investment Advisers LLC’s holdings, making the stock its 25th biggest holding. Vantagepoint Investment Advisers LLC owned approximately 0.86% of Avantis Emerging Markets Equity ETF at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of AVEM. National Wealth Management Group LLC bought a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at about $507,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $627,000. Equity Wealth Partners LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $251,000. Apollon Wealth Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 13.9% in the third quarter. Apollon Wealth Management LLC now owns 807,838 shares of the company’s stock worth $75,953,000 after purchasing an additional 98,739 shares during the period. Finally, Holos Integrated Wealth LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 7.7% in the third quarter. Holos Integrated Wealth LLC now owns 27,760 shares of the company’s stock worth $2,483,000 after purchasing an additional 1,988 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $87.09 on Tuesday. Avantis Emerging Markets Equity ETF has a twelve month low of $73.79 and a twelve month high of $100.83. The stock has a market capitalization of $26.75 billion, a PE ratio of 12.66 and a beta of 0.75. The stock has a 50-day simple moving average of $93.65 and a 200 day simple moving average of $89.81.

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.