NorthStar Asset Management LLC NJ Acquires 31,100 Shares of Avantis Emerging Markets Equity ETF $AVEM

NorthStar Asset Management LLC NJ grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 843.3% during the second quarter, Holdings Channel reports. The institutional investor owned 34,788 shares of the company’s stock after purchasing an additional 31,100 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 0.6% of NorthStar Asset Management LLC NJ’s portfolio, making the stock its 24th biggest holding. NorthStar Asset Management LLC NJ’s holdings in Avantis Emerging Markets Equity ETF were worth $2,384,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of AVEM. Savant Capital LLC grew its position in Avantis Emerging Markets Equity ETF by 0.9% during the 2nd quarter. Savant Capital LLC now owns 17,904,707 shares of the company’s stock worth $1,227,189,000 after acquiring an additional 157,957 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 16.5% during the second quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock valued at $1,200,426,000 after purchasing an additional 2,483,487 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 15.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock worth $143,887,000 after purchasing an additional 319,437 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 8.6% in the first quarter. American Century Companies Inc. now owns 1,930,233 shares of the company’s stock worth $116,142,000 after buying an additional 152,942 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 307.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,795,928 shares of the company’s stock valued at $123,093,000 after buying an additional 1,355,637 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.1%

Shares of AVEM opened at $75.87 on Thursday. The stock has a market capitalization of $14.07 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $78.76. The firm has a fifty day simple moving average of $76.16 and a two-hundred day simple moving average of $71.06.

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.