Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by American Century Companies Inc.

American Century Companies Inc. lowered its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,551,851 shares of the company’s stock after selling 9,379 shares during the quarter. American Century Companies Inc. owned about 1.73% of Avantis Emerging Markets Equity ETF worth $94,803,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Natixis Advisors L.P. acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $734,000. Principal Securities Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $31,000. Envestnet Portfolio Solutions Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 44.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,560 shares of the company’s stock worth $708,000 after purchasing an additional 3,838 shares during the period. Beacon Pointe Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $227,000. Finally, PNC Financial Services Group Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 104.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,093 shares of the company’s stock worth $344,000 after purchasing an additional 3,113 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 0.8 %

Shares of Avantis Emerging Markets Equity ETF stock opened at $60.81 on Friday. The business’s 50 day simple moving average is $60.80 and its 200-day simple moving average is $59.98. The stock has a market capitalization of $5.44 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a twelve month low of $50.65 and a twelve month high of $63.64.

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.