Bank of Montreal Can Has $98.34 Million Position in Avantis Emerging Markets Equity ETF $AVEM

Bank of Montreal Can grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,434,838 shares of the company’s stock after purchasing an additional 71,984 shares during the period. Bank of Montreal Can’s holdings in Avantis Emerging Markets Equity ETF were worth $98,344,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Royal Bank of Canada raised its holdings in Avantis Emerging Markets Equity ETF by 7.8% during the 1st quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock worth $17,485,000 after purchasing an additional 20,996 shares during the last quarter. Stone Summit Wealth LLC raised its holdings in Avantis Emerging Markets Equity ETF by 2.8% during the 2nd quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock worth $2,356,000 after purchasing an additional 935 shares during the last quarter. Brown Advisory Inc. bought a new position in Avantis Emerging Markets Equity ETF during the 1st quarter worth approximately $426,000. Janney Montgomery Scott LLC raised its holdings in Avantis Emerging Markets Equity ETF by 27.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 29,823 shares of the company’s stock worth $2,044,000 after purchasing an additional 6,387 shares during the last quarter. Finally, XY Planning Network Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 89.7% during the 2nd quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock worth $531,000 after purchasing an additional 3,663 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $76.58 on Wednesday. The firm has a 50 day moving average price of $74.99 and a two-hundred day moving average price of $69.82. The firm has a market cap of $14.19 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $78.76.

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.