Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Koesten Hirschmann & Crabtree INC.

Koesten Hirschmann & Crabtree INC. boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 17.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,307 shares of the company’s stock after acquiring an additional 8,051 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 2.2% of Koesten Hirschmann & Crabtree INC.’s investment portfolio, making the stock its 7th biggest position. Koesten Hirschmann & Crabtree INC.’s holdings in Avantis Emerging Markets Equity ETF were worth $5,200,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AVEM. Bank of America Corp DE raised its holdings in shares of Avantis Emerging Markets Equity ETF by 45.1% in the 1st quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock worth $2,310,765,000 after purchasing an additional 8,908,264 shares during the period. Align Financial LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $528,227,000. PNC Financial Services Group Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 6.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,760 shares of the company’s stock worth $187,732,000 after purchasing an additional 131,390 shares during the period. MML Investors Services LLC grew its stake in Avantis Emerging Markets Equity ETF by 9.5% during the fourth quarter. MML Investors Services LLC now owns 1,972,171 shares of the company’s stock worth $151,897,000 after buying an additional 171,532 shares during the period. Finally, Cetera Investment Advisers boosted its position in Avantis Emerging Markets Equity ETF by 13.3% during the 1st quarter. Cetera Investment Advisers now owns 1,868,208 shares of the company’s stock worth $150,540,000 after purchasing an additional 219,618 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock traded down $0.45 during trading hours on Tuesday, reaching $92.82. The company had a trading volume of 2,222,654 shares, compared to its average volume of 1,913,460. Avantis Emerging Markets Equity ETF has a twelve month low of $73.79 and a twelve month high of $100.83. The stock’s fifty day simple moving average is $94.26 and its 200 day simple moving average is $92.39. The company has a market capitalization of $28.06 billion, a P/E ratio of 12.66 and a beta of 0.75.

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.