Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Maia Wealth LLC

Maia Wealth LLC grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 54.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,418 shares of the company’s stock after purchasing an additional 14,982 shares during the quarter. Maia Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,267,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its holdings in 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 worth $1,382,953,000 after purchasing an additional 867,710 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in 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 worth $691,717,000 after purchasing an additional 304,731 shares in the last quarter. Align Financial LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth approximately $528,227,000. Wells Fargo & Company MN raised its holdings in Avantis Emerging Markets Equity ETF by 17.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,675,729 shares of the company’s stock worth $437,145,000 after purchasing an additional 837,069 shares in the last quarter. Finally, Morgan Stanley raised its holdings in Avantis Emerging Markets Equity ETF by 12.6% during the fourth quarter. Morgan Stanley now owns 5,659,671 shares of the company’s stock worth $435,908,000 after purchasing an additional 631,367 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.3%

AVEM stock opened at $96.65 on Thursday. Avantis Emerging Markets Equity ETF has a twelve month low of $66.19 and a twelve month high of $99.67. The company’s 50 day moving average is $92.31 and its two-hundred day moving average is $85.13. The stock has a market cap of $25.21 billion, a P/E ratio of 12.66 and a beta of 0.73.

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.