Wedmont Private Capital Buys 20,083 Shares of Avantis Emerging Markets Equity ETF $AVEM

Wedmont Private Capital lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 40.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,313 shares of the company’s stock after buying an additional 20,083 shares during the quarter. Wedmont Private Capital’s holdings in Avantis Emerging Markets Equity ETF were worth $6,525,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE boosted its position in Avantis Emerging Markets Equity ETF by 45.1% during the 1st quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock valued at $2,310,765,000 after acquiring an additional 8,908,264 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Avantis Emerging Markets Equity ETF by 4.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,627,411 shares of the company’s stock worth $741,503,000 after acquiring an additional 418,018 shares in the last quarter. Align Financial LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $528,227,000. Wells Fargo & Company MN lifted its stake in shares of Avantis Emerging Markets Equity ETF by 17.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,675,729 shares of the company’s stock valued at $437,145,000 after purchasing an additional 837,069 shares during the period. Finally, Morgan Stanley boosted its position in shares of Avantis Emerging Markets Equity ETF by 12.6% during the fourth quarter. Morgan Stanley now owns 5,659,671 shares of the company’s stock valued at $435,908,000 after purchasing an additional 631,367 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $96.81 on Monday. The business’s fifty day moving average is $92.57 and its 200 day moving average is $90.37. The stock has a market cap of $27.55 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a twelve month low of $71.68 and a twelve month high of $100.83.

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.