Avantis Emerging Markets Equity ETF $AVEM Stock: Visionary Horizons LLC Increases Holdings

Visionary Horizons LLC increased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 146,454 shares of the company’s stock after acquiring an additional 7,443 shares during the period. Avantis Emerging Markets Equity ETF makes up about 5.7% of Visionary Horizons LLC’s holdings, making the stock its 4th largest holding. Visionary Horizons LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $13,770,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AVEM. Bank of America Corp DE lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 45.1% in the 1st quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock worth $2,310,765,000 after acquiring an additional 8,908,264 shares during the last quarter. Annex Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $157,364,000. Maseco LLP acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at $93,504,000. Parallel Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 1,654.5% in the 1st quarter. Parallel Advisors LLC now owns 760,155 shares of the company’s stock valued at $61,253,000 after buying an additional 716,830 shares during the period. Finally, Atwood & Palmer Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $64,229,000.

Avantis Emerging Markets Equity ETF Trading Down 2.9%

AVEM opened at $87.24 on Friday. The firm has a market cap of $26.77 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 12-month low of $73.79 and a 12-month high of $100.83. The stock’s 50-day moving average price is $93.83 and its 200 day moving average price is $92.87.

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.