VeraBank N.A. Has $16.40 Million Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

VeraBank N.A. raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 239,240 shares of the company’s stock after buying an additional 6,515 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 3.3% of VeraBank N.A.’s portfolio, making the stock its 9th largest holding. VeraBank N.A. owned about 0.15% of Avantis Emerging Markets Equity ETF worth $16,398,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AVEM. Envestnet Asset Management Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 16.5% in 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 acquiring an additional 2,483,487 shares during the last quarter. Maseco LLP acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth approximately $74,121,000. HB Wealth Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 5,090.0% during the 1st quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock worth $65,507,000 after purchasing an additional 1,067,724 shares in the last quarter. Midwest Trust Co acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at approximately $47,678,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 61.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock valued at $85,854,000 after buying an additional 540,962 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 1.9%

Shares of AVEM opened at $78.01 on Tuesday. The company’s fifty day simple moving average is $75.46 and its 200 day simple moving average is $70.32. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $78.76. The company has a market cap of $14.47 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68.

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.