Avantis Emerging Markets Equity ETF $AVEM Shares Bought by REAP Financial Group LLC

REAP Financial Group LLC lifted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 210,538 shares of the company’s stock after acquiring an additional 11,310 shares during the period. Avantis Emerging Markets Equity ETF makes up 3.3% of REAP Financial Group LLC’s portfolio, making the stock its 6th biggest position. REAP Financial Group LLC owned about 0.10% of Avantis Emerging Markets Equity ETF worth $16,216,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AVEM. Bank of America Corp DE increased 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 acquiring an additional 16,265,184 shares in the last quarter. Kestra Investment Management LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 3,618.9% in the fourth quarter. Kestra Investment Management LLC now owns 1,475,543 shares of the company’s stock valued at $113,646,000 after purchasing an additional 1,435,866 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 350.8% in the third quarter. JPMorgan Chase & Co. now owns 1,404,304 shares of the company’s stock valued at $105,477,000 after purchasing an additional 1,092,814 shares during the period. BOKF NA boosted its stake in shares of Avantis Emerging Markets Equity ETF by 9,498.3% in the third quarter. BOKF NA now owns 861,253 shares of the company’s stock valued at $64,689,000 after purchasing an additional 852,280 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 29.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,628,408 shares of the company’s stock valued at $279,460,000 after purchasing an additional 827,325 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 1.4%

Shares of AVEM stock opened at $98.20 on Thursday. The company has a market capitalization of $25.61 billion, a PE ratio of 12.66 and a beta of 0.72. The firm has a fifty day simple moving average of $89.36 and a 200-day simple moving average of $83.80. Avantis Emerging Markets Equity ETF has a twelve month low of $65.66 and a twelve month high of $99.67.

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.