73,008 Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. raised its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,254,721 shares of the company’s stock after buying an additional 73,008 shares during the period. Avantis Emerging Markets Equity ETF accounts for 1.7% of Harbour Investments Inc.’s investment portfolio, making the stock its 6th biggest holding. Harbour Investments Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $117,969,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its stake in shares of Avantis Emerging Markets Equity ETF by 45.1% in the 1st quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock worth $2,310,765,000 after buying 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 in the third quarter valued at approximately $248,060,000. PNC Financial Services Group Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 6.0% in the first quarter. PNC Financial Services Group Inc. now owns 2,329,760 shares of the company’s stock valued at $187,732,000 after acquiring an additional 131,390 shares in the last quarter. Kestra Investment Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 9.3% in the third quarter. Kestra Investment Management LLC now owns 2,061,339 shares of the company’s stock valued at $193,807,000 after acquiring an additional 175,853 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Avantis Emerging Markets Equity ETF by 13.3% in the first quarter. Cetera Investment Advisers now owns 1,868,208 shares of the company’s stock valued at $150,540,000 after acquiring an additional 219,618 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.4%

Shares of AVEM traded down $0.38 on Friday, reaching $85.51. 2,581,347 shares of the company’s stock traded hands, compared to its average volume of 1,960,264. The stock has a market cap of $26.86 billion, a PE ratio of 10.99 and a beta of 0.79. The stock’s 50 day simple moving average is $91.24 and its two-hundred day simple moving average is $90.17. 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 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.