Truepoint Inc. Has $33.23 Million Holdings in Avantis Emerging Markets Equity ETF $AVEM

Truepoint Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 21.1% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 484,782 shares of the company’s stock after purchasing an additional 84,382 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 0.8% of Truepoint Inc.’s portfolio, making the stock its 22nd biggest holding. Truepoint Inc. owned about 0.30% of Avantis Emerging Markets Equity ETF worth $33,227,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Savant Capital LLC grew its holdings in Avantis Emerging Markets Equity ETF by 0.9% during the second quarter. Savant Capital LLC now owns 17,904,707 shares of the company’s stock worth $1,227,189,000 after buying an additional 157,957 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 16.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock worth $1,200,426,000 after acquiring an additional 2,483,487 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Avantis Emerging Markets Equity ETF by 15.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock worth $143,887,000 after acquiring an additional 319,437 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 8.6% in the first quarter. American Century Companies Inc. now owns 1,930,233 shares of the company’s stock valued at $116,142,000 after purchasing an additional 152,942 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of 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 valued at $123,093,000 after purchasing an additional 1,355,637 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.2%

Shares of AVEM stock opened at $77.58 on Friday. The firm has a market cap of $14.39 billion, a P/E ratio of 12.66 and a beta of 0.68. The company has a 50 day moving average of $75.98 and a 200-day moving average of $70.67. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $78.76.

Avantis Emerging Markets Equity ETF Company 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.