Robertson Stephens Wealth Management LLC Acquires Shares of 234,831 Avantis Emerging Markets Equity ETF $AVEM

Robertson Stephens Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 234,831 shares of the company’s stock, valued at approximately $18,087,000. Robertson Stephens Wealth Management LLC owned 0.11% of Avantis Emerging Markets Equity ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew its position in Avantis Emerging Markets Equity ETF by 1,271.2% during 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 acquired a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth approximately $170,265,000. JPMorgan Chase & Co. grew its position in Avantis Emerging Markets Equity ETF by 350.8% during the third quarter. JPMorgan Chase & Co. now owns 1,404,304 shares of the company’s stock worth $105,477,000 after buying an additional 1,092,814 shares in the last quarter. BOKF NA grew its position in Avantis Emerging Markets Equity ETF by 9,498.3% during the third quarter. BOKF NA now owns 861,253 shares of the company’s stock worth $64,689,000 after buying an additional 852,280 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in Avantis Emerging Markets Equity ETF by 47.1% during the third quarter. Ameriprise Financial Inc. now owns 2,263,134 shares of the company’s stock worth $169,989,000 after buying an additional 724,811 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $90.53 on Friday. The business has a fifty day moving average price of $84.65 and a two-hundred day moving average price of $80.99. Avantis Emerging Markets Equity ETF has a fifty-two week low of $61.57 and a fifty-two week high of $91.31. The stock has a market capitalization of $23.61 billion, a PE ratio of 12.66 and a beta of 0.72.

Avantis Emerging Markets Equity ETF 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.