Wealth Enhancement Advisory Services LLC Has $21.65 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Wealth Enhancement Advisory Services LLC lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 285,484 shares of the company’s stock after purchasing an additional 26,650 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.15% of Avantis Emerging Markets Equity ETF worth $21,654,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Savant Capital LLC boosted its position in Avantis Emerging Markets Equity ETF by 0.9% in the 2nd quarter. Savant Capital LLC now owns 17,904,707 shares of the company’s stock valued at $1,227,189,000 after buying an additional 157,957 shares during the last quarter. Bank of America Corp DE raised its position in shares of Avantis Emerging Markets Equity ETF by 1,271.2% during the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock worth $1,202,511,000 after acquiring an additional 16,265,184 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 16.5% during the second quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock valued at $1,200,426,000 after acquiring an additional 2,483,487 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 28.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,062,191 shares of the company’s stock valued at $209,883,000 after acquiring an additional 670,844 shares during the period. Finally, Cerity Partners LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 2.8% in the third quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock valued at $202,061,000 after acquiring an additional 72,106 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 1.4%

Shares of AVEM stock opened at $81.70 on Thursday. The firm has a market cap of $17.45 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $82.06. The stock has a 50-day moving average price of $77.61 and a 200 day moving average price of $74.77.

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.