PNC Financial Services Group Inc. Has $187.73 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

PNC Financial Services Group Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,329,760 shares of the company’s stock after acquiring an additional 131,390 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.89% of Avantis Emerging Markets Equity ETF worth $187,732,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Greenwood Capital Associates LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 24.5% during the 4th quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock worth $3,870,000 after buying an additional 9,895 shares during the period. ACT Advisors LLC. grew its stake in Avantis Emerging Markets Equity ETF by 3.4% in the 4th quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after buying an additional 10,245 shares during the last quarter. CoreCap Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 38.8% in the 4th quarter. CoreCap Advisors LLC now owns 50,065 shares of the company’s stock valued at $3,856,000 after acquiring an additional 13,998 shares during the period. Echo Wealth Management LLC raised its holdings in Avantis Emerging Markets Equity ETF by 31.1% in the 4th quarter. Echo Wealth Management LLC now owns 102,188 shares of the company’s stock valued at $7,871,000 after acquiring an additional 24,256 shares during the period. Finally, Armstrong Fleming & Moore Inc raised its holdings in Avantis Emerging Markets Equity ETF by 16.0% in the 4th quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock valued at $18,010,000 after acquiring an additional 32,228 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.1%

Shares of AVEM stock opened at $91.59 on Thursday. The firm has a 50 day moving average price of $94.39 and a two-hundred day moving average price of $88.16. The company has a market capitalization of $25.51 billion, a PE ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 12-month low of $68.27 and a 12-month high of $100.83.

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.