Ameriprise Financial Inc. Increases Stake in Avantis Emerging Markets Equity ETF $AVEM

Ameriprise Financial Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEMFree Report) by 27.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 958,469 shares of the company’s stock after acquiring an additional 209,337 shares during the period. Ameriprise Financial Inc. owned 0.72% of Avantis Emerging Markets Equity ETF worth $57,657,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of AVEM. Renaissance Technologies LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth about $776,000. First Trust Advisors LP purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth about $246,000. Stifel Financial Corp lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 13.3% during the 4th quarter. Stifel Financial Corp now owns 70,337 shares of the company’s stock worth $4,135,000 after acquiring an additional 8,283 shares during the period. Kovitz Investment Group Partners LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth about $204,000. Finally, Comerica Bank lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 60.1% during the 4th quarter. Comerica Bank now owns 40,128 shares of the company’s stock worth $2,359,000 after acquiring an additional 15,058 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $71.26 on Thursday. The firm has a market cap of $11.67 billion, a P/E ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $72.16. The firm’s 50-day simple moving average is $69.74 and its 200-day simple moving average is $64.44.

About Avantis Emerging Markets Equity ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

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