Brio Consultants LLC Takes Position in Avantis Emerging Markets Equity ETF $AVEM

Brio Consultants LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 4th quarter, Holdings Channel.com reports. The firm purchased 6,703 shares of the company’s stock, valued at approximately $516,000.

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

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $95.66 on Monday. Avantis Emerging Markets Equity ETF has a 52-week low of $62.12 and a 52-week high of $95.67. The firm’s fifty day moving average is $84.97 and its two-hundred day moving average is $81.45. The stock has a market cap of $24.95 billion, a PE 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.