Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Glenview Trust Co

Glenview Trust Co lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 22.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 29,470 shares of the company’s stock after purchasing an additional 5,421 shares during the period. Glenview Trust Co’s holdings in Avantis Emerging Markets Equity ETF were worth $2,270,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Savant Capital LLC increased 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 acquiring an additional 564,371 shares during the period. Bank of America Corp DE increased 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 acquiring an additional 867,710 shares during the period. Mercer Global Advisors Inc. ADV increased 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 acquiring an additional 304,731 shares during the period. Vantagepoint Investment Advisers LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 3.5% during the fourth quarter. Vantagepoint Investment Advisers LLC now owns 2,345,197 shares of the company’s stock valued at $180,627,000 after acquiring an additional 78,326 shares during the period. Finally, HighTower Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 5.9% during the third quarter. HighTower Advisors LLC now owns 2,263,581 shares of the company’s stock valued at $170,017,000 after acquiring an additional 126,853 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $93.05 on Tuesday. Avantis Emerging Markets Equity ETF has a 12 month low of $63.91 and a 12 month high of $96.07. The firm has a market capitalization of $24.27 billion, a PE ratio of 12.66 and a beta of 0.72. The company’s 50 day simple moving average is $87.08 and its 200 day simple moving average is $82.80.

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.