Avantis Emerging Markets Equity ETF $AVEM Shares Purchased by Integrity Investment Advisors LLC

Integrity Investment Advisors LLC raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 22.0% in the first quarter, Holdings Channel.com reports. The fund owned 33,567 shares of the company’s stock after purchasing an additional 6,060 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 1.5% of Integrity Investment Advisors LLC’s investment portfolio, making the stock its 17th biggest position. Integrity Investment Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,705,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in AVEM. Bank of America Corp DE lifted its position in shares of Avantis Emerging Markets Equity ETF by 1,271.2% during the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock worth $1,202,511,000 after purchasing an additional 16,265,184 shares in the last quarter. Align Financial LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $528,227,000. Kestra Investment Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 3,618.9% during the 4th quarter. Kestra Investment Management LLC now owns 1,475,543 shares of the company’s stock worth $113,646,000 after buying an additional 1,435,866 shares in the last quarter. Maseco LLP purchased a new position in Avantis Emerging Markets Equity ETF in the 1st quarter valued at approximately $93,504,000. Finally, LPL Financial LLC boosted its position in Avantis Emerging Markets Equity ETF by 39.6% in the 4th quarter. LPL Financial LLC now owns 3,740,586 shares of the company’s stock valued at $288,100,000 after buying an additional 1,061,034 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.7%

NYSEARCA:AVEM opened at $93.24 on Thursday. Avantis Emerging Markets Equity ETF has a 52 week low of $68.27 and a 52 week high of $100.83. The company has a fifty day simple moving average of $94.63 and a two-hundred day simple moving average of $87.12. The company has a market cap of $25.59 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

About Avantis Emerging Markets Equity ETF

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.