8,745 Shares in Avantis Emerging Markets Equity ETF $AVEM Acquired by Independence Bank of Kentucky

Independence Bank of Kentucky acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,745 shares of the company’s stock, valued at approximately $657,000.

A number of other institutional investors have also recently bought and sold shares of the business. Atlas Brown Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 4.2% during the 2nd quarter. Atlas Brown Inc. now owns 4,029 shares of the company’s stock valued at $276,000 after acquiring an additional 164 shares during the last quarter. Clarity Asset Management Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 31.5% during the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after purchasing an additional 180 shares during the period. Austin Asset Management Co Inc grew its stake in shares of Avantis Emerging Markets Equity ETF by 3.1% during the second quarter. Austin Asset Management Co Inc now owns 6,686 shares of the company’s stock worth $458,000 after purchasing an additional 199 shares during the period. L.K. Benson & Company P.C. increased its holdings in Avantis Emerging Markets Equity ETF by 1.0% in the second quarter. L.K. Benson & Company P.C. now owns 21,564 shares of the company’s stock valued at $1,478,000 after purchasing an additional 207 shares during the last quarter. Finally, Freedom Investment Management Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 2.9% in the second quarter. Freedom Investment Management Inc. now owns 7,595 shares of the company’s stock valued at $521,000 after buying an additional 216 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 1.1%

Shares of AVEM opened at $75.89 on Friday. The stock has a market cap of $14.08 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $78.76. The stock’s 50-day moving average price is $76.63 and its two-hundred day moving average price is $72.93.

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.