Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by BWM Planning LLC

BWM Planning LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 24.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,886 shares of the company’s stock after purchasing an additional 10,743 shares during the period. Avantis Emerging Markets Equity ETF makes up about 1.3% of BWM Planning LLC’s portfolio, making the stock its 21st largest holding. BWM Planning LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,693,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AVEM. Savant Capital LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 0.9% in the 2nd quarter. Savant Capital LLC now owns 17,904,707 shares of the company’s stock worth $1,227,189,000 after buying an additional 157,957 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 16.5% during the second quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock worth $1,200,426,000 after acquiring an additional 2,483,487 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Avantis Emerging Markets Equity ETF by 15.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock worth $143,887,000 after acquiring an additional 319,437 shares in the last quarter. American Century Companies Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 8.6% in the 1st quarter. American Century Companies Inc. now owns 1,930,233 shares of the company’s stock valued at $116,142,000 after acquiring an additional 152,942 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 307.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,795,928 shares of the company’s stock valued at $123,093,000 after purchasing an additional 1,355,637 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $75.87 on Thursday. The firm’s 50 day moving average is $76.16 and its 200-day moving average is $71.06. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $78.76. The stock has a market capitalization of $14.07 billion, a P/E ratio of 12.66 and a beta of 0.68.

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.