50,128 Avantis Emerging Markets Equity ETF $AVEM Shares Bought by XY Planning Network Inc.

XY Planning Network Inc. raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 88.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 106,861 shares of the company’s stock after purchasing an additional 50,128 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 1.1% of XY Planning Network Inc.’s investment portfolio, making the stock its 24th largest holding. XY Planning Network Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $10,047,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of Avantis Emerging Markets Equity ETF by 45.1% during the first quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock valued at $2,310,765,000 after buying an additional 8,908,264 shares during the last quarter. Align Financial LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $528,227,000. PNC Financial Services Group Inc. grew its position in shares of Avantis Emerging Markets Equity ETF by 6.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,760 shares of the company’s stock worth $187,732,000 after buying an additional 131,390 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Avantis Emerging Markets Equity ETF by 13.3% in the 1st quarter. Cetera Investment Advisers now owns 1,868,208 shares of the company’s stock worth $150,540,000 after buying an additional 219,618 shares during the last quarter. Finally, Annex Advisory Services LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 1.0% in the 2nd quarter. Annex Advisory Services LLC now owns 1,548,921 shares of the company’s stock worth $149,455,000 after buying an additional 15,884 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.5%

NYSEARCA AVEM opened at $92.82 on Wednesday. The firm has a market cap of $28.06 billion, a PE ratio of 12.66 and a beta of 0.75. The company has a 50 day moving average price of $94.26 and a 200 day moving average price of $92.39. Avantis Emerging Markets Equity ETF has a 52 week low of $73.79 and a 52 week high of $100.83.

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.