Elevate Wealth Advisory Inc. Buys 6,568 Shares of Avantis Emerging Markets Equity ETF $AVEM

Elevate Wealth Advisory Inc. raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 131.2% during the 3rd quarter, Holdings Channel reports. The fund owned 11,576 shares of the company’s stock after acquiring an additional 6,568 shares during the period. Elevate Wealth Advisory Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $1,088,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Bank of America Corp DE grew its position in shares of Avantis Emerging Markets Equity ETF by 45.1% in 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 purchasing an additional 8,908,264 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $248,060,000. Annex Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $157,364,000. BOKF NA acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $152,097,000. Finally, Parallel Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 1,654.5% in the 1st quarter. Parallel Advisors LLC now owns 760,155 shares of the company’s stock valued at $61,253,000 after purchasing an additional 716,830 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $85.98 on Tuesday. The business has a fifty day simple moving average of $92.93 and a 200 day simple moving average of $90.03. Avantis Emerging Markets Equity ETF has a 1 year low of $73.79 and a 1 year high of $100.83. The company has a market capitalization of $26.56 billion, a PE ratio of 12.66 and a beta of 0.75.

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.