Frankly Finances LLC Acquires Shares of 56,438 Avantis Emerging Markets Equity ETF $AVEM

Frankly Finances LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 56,438 shares of the company’s stock, valued at approximately $4,347,000. Avantis Emerging Markets Equity ETF comprises 3.8% of Frankly Finances LLC’s portfolio, making the stock its 7th largest holding.

Other hedge funds have also bought and sold shares of the company. Savant Capital LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 3.2% during the third quarter. Savant Capital LLC now owns 18,469,078 shares of the company’s stock valued at $1,387,215,000 after purchasing an additional 564,371 shares during the period. Bank of America Corp DE boosted its stake in shares of Avantis Emerging Markets Equity ETF by 4.9% during the third quarter. Bank of America Corp DE now owns 18,412,368 shares of the company’s stock valued at $1,382,953,000 after purchasing an additional 867,710 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of Avantis Emerging Markets Equity ETF by 3.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 9,209,393 shares of the company’s stock valued at $691,717,000 after purchasing an additional 304,731 shares during the period. Cerity Partners LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 2.8% during the third quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock valued at $202,061,000 after purchasing an additional 72,106 shares during the period. Finally, Vantagepoint Investment Advisers LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at $170,265,000.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $88.11 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $57.63 and a 1-year high of $89.75. The company has a 50-day moving average of $84.01 and a 200 day moving average of $80.04. The firm has a market cap of $22.45 billion, a PE ratio of 12.66 and a beta of 0.67.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.