58,524 Shares of Avantis Emerging Markets Equity ETF $AVEM Bought by Titleist Asset Management LLC

Titleist Asset Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 58,524 shares of the company’s stock, valued at approximately $5,502,000.

Several other institutional investors have also recently made changes to their positions in AVEM. Telos Capital Management Inc. lifted its position in Avantis Emerging Markets Equity ETF by 8.9% in the first quarter. Telos Capital Management Inc. now owns 80,940 shares of the company’s stock valued at $6,522,000 after acquiring an additional 6,605 shares during the last quarter. Integrity Investment Advisors LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 56.6% in the 4th quarter. Integrity Investment Advisors LLC now owns 27,507 shares of the company’s stock valued at $2,119,000 after purchasing an additional 9,942 shares during the last quarter. Baird Financial Group Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 135.1% in the 2nd quarter. Baird Financial Group Inc. now owns 146,030 shares of the company’s stock valued at $14,090,000 after purchasing an additional 83,919 shares during the period. Stonebrook Private Inc. purchased a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $8,112,000. Finally, Summit Financial LLC increased its position in Avantis Emerging Markets Equity ETF by 7.8% during the fourth quarter. Summit Financial LLC now owns 192,458 shares of the company’s stock worth $14,823,000 after buying an additional 13,944 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM traded down $2.08 on Thursday, reaching $92.87. The stock had a trading volume of 867,073 shares, compared to its average volume of 1,908,989. The stock has a market cap of $28.05 billion, a P/E ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 12-month low of $72.94 and a 12-month high of $100.83. The business’s 50-day moving average price is $94.02 and its 200 day moving average price is $92.03.

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.