Avantis Emerging Markets Equity ETF $AVEM Stock Acquired by StrongBox Wealth LLC

StrongBox Wealth LLC grew its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 768.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 81,034 shares of the company’s stock after buying an additional 71,701 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 2.0% of StrongBox Wealth LLC’s portfolio, making the stock its 18th biggest holding. StrongBox Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Avantis Emerging Markets Equity ETF by 45.1% during the first quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock worth $2,310,765,000 after buying an additional 8,908,264 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at $248,060,000. Annex Advisory Services LLC purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at $157,364,000. BOKF NA purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at $152,097,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter worth about $84,022,000.

Avantis Emerging Markets Equity ETF Stock Down 5.5%

Shares of Avantis Emerging Markets Equity ETF stock opened at $81.87 on Friday. The firm has a market cap of $25.50 billion, a PE ratio of 12.66 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a twelve month low of $73.79 and a twelve month high of $100.83. The business has a 50-day moving average price of $92.37 and a 200 day moving average price of $90.08.

Avantis Emerging Markets Equity ETF 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.