SouthState Corp boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 43.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,249 shares of the company’s stock after purchasing an additional 3,982 shares during the quarter. SouthState Corp’s holdings in Avantis Emerging Markets Equity ETF were worth $908,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 19.7% during the 1st quarter. Bank of New York Mellon Corp now owns 101,274 shares of the company’s stock worth $6,094,000 after buying an additional 16,701 shares during the period. Crossmark Global Holdings Inc. acquired a new position in Avantis Emerging Markets Equity ETF during the 1st quarter worth $2,090,000. Brown Advisory Inc. acquired a new position in Avantis Emerging Markets Equity ETF during the 1st quarter worth $426,000. Axxcess Wealth Management LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 3.1% during the first quarter. Axxcess Wealth Management LLC now owns 34,875 shares of the company’s stock valued at $2,098,000 after acquiring an additional 1,034 shares during the period. Finally, Poinciana Advisors Group LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 1.1% in the first quarter. Poinciana Advisors Group LLC now owns 50,011 shares of the company’s stock valued at $3,009,000 after purchasing an additional 533 shares during the last quarter.
Avantis Emerging Markets Equity ETF Stock Performance
Avantis Emerging Markets Equity ETF stock opened at $76.77 on Friday. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $78.76. The firm has a market capitalization of $14.24 billion, a PE ratio of 12.66 and a beta of 0.68. The business’s 50-day simple moving average is $75.21 and its 200-day simple moving average is $69.92.
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.
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