Bank of Montreal Can Buys 523,110 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Bank of Montreal Can increased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 26,155,500.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 523,112 shares of the company’s stock after purchasing an additional 523,110 shares during the quarter. Bank of Montreal Can’s holdings in Avantis Emerging Markets Equity ETF were worth $34,264,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Iron Horse Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $28,000. Gleason Group Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF during the second quarter worth about $33,000. CVA Family Office LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 59.7% during the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock worth $34,000 after acquiring an additional 209 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $37,000. Finally, City State Bank bought a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $45,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $60.91 on Friday. Avantis Emerging Markets Equity ETF has a 52-week low of $52.72 and a 52-week high of $66.31. The company has a 50-day simple moving average of $63.13 and a two-hundred day simple moving average of $61.78. The company has a market capitalization of $5.45 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.