Diversify Wealth Management LLC Buys 12,050 Shares of Avantis Emerging Markets Equity ETF $AVEM

Diversify Wealth Management LLC grew its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 88.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,691 shares of the company’s stock after purchasing an additional 12,050 shares during the period. Diversify Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,070,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AVEM. Bank of America Corp DE lifted its position in shares of Avantis Emerging Markets Equity ETF by 1,271.2% in the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock worth $1,202,511,000 after buying an additional 16,265,184 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $170,265,000. JPMorgan Chase & Co. increased 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 worth $105,477,000 after acquiring an additional 1,092,814 shares during the last quarter. BOKF NA raised its holdings in shares of 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 acquiring an additional 852,280 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of 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 valued at $169,989,000 after acquiring an additional 724,811 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $95.66 on Friday. The stock has a 50 day moving average price of $84.97 and a 200-day moving average price of $81.45. Avantis Emerging Markets Equity ETF has a one year low of $62.12 and a one year high of $95.67. The company has a market capitalization of $24.95 billion, a P/E ratio of 12.66 and a beta of 0.72.

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.