Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by MGO One Seven LLC

MGO One Seven LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 231.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,203 shares of the company’s stock after purchasing an additional 7,125 shares during the quarter. MGO One Seven LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $786,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in AVEM. Bank of America Corp DE grew its stake in Avantis Emerging Markets Equity ETF by 1,271.2% in the 2nd quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock valued at $1,202,511,000 after acquiring an additional 16,265,184 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $170,265,000. JPMorgan Chase & Co. grew its stake in Avantis Emerging Markets Equity ETF by 350.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,404,304 shares of the company’s stock valued at $105,477,000 after acquiring an additional 1,092,814 shares during the period. BOKF NA grew its stake in Avantis Emerging Markets Equity ETF by 9,498.3% in the 3rd quarter. BOKF NA now owns 861,253 shares of the company’s stock valued at $64,689,000 after acquiring an additional 852,280 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in Avantis Emerging Markets Equity ETF by 47.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,263,134 shares of the company’s stock valued at $169,989,000 after acquiring an additional 724,811 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $93.12 on Wednesday. The company’s fifty day moving average price is $85.32 and its 200 day moving average price is $81.84. Avantis Emerging Markets Equity ETF has a 1 year low of $63.31 and a 1 year high of $96.07. The stock has a market capitalization of $24.29 billion, a P/E ratio of 12.66 and a beta of 0.72.

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.