Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Webster Bank N. A.

Webster Bank N. A. grew its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2,213.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,678 shares of the company’s stock after buying an additional 16,914 shares during the quarter. Webster Bank N. A.’s holdings in Avantis Emerging Markets Equity ETF were worth $1,424,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Rothschild Investment LLC boosted its position in Avantis Emerging Markets Equity ETF by 192.7% during the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $36,000. Team Financial Group LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after purchasing an additional 361 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 49.5% in the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after buying an additional 183 shares during the period. Finally, Motiv8 Investments LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:AVEM opened at $100.18 on Tuesday. The company has a market cap of $26.13 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a one year low of $66.19 and a one year high of $100.83. The business’s 50-day simple moving average is $93.24 and its 200 day simple moving average is $85.62.

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