Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 982.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 74,700 shares of the company’s stock after purchasing an additional 67,800 shares during the period. Renaissance Technologies LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $6,019,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 13.2% in the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after acquiring an additional 2,596 shares during the period. M&T Bank Corp purchased a new stake in Avantis Emerging Markets Equity ETF during the 2nd quarter valued at about $287,000. Diversify Advisory Services LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 2nd quarter valued at about $478,000. Diversify Wealth Management LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 20.3% in the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after purchasing an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP raised its stake in shares of Avantis Emerging Markets Equity ETF by 74.1% in the second quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock worth $1,010,000 after purchasing an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.5%

Avantis Emerging Markets Equity ETF stock opened at $92.18 on Thursday. Avantis Emerging Markets Equity ETF has a 52 week low of $69.57 and a 52 week high of $100.83. The company has a market capitalization of $26.23 billion, a price-to-earnings ratio of 12.66 and a beta of 0.74. The stock has a 50-day moving average price of $93.66 and a 200 day moving average price of $88.83.

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.